Amend the bill in section 1 in §5219-S in subsection 1 in the 2nd line (page 1, line 6 in L.D.) by striking out the following: " 50%" and inserting the following: ' 10%'
Amend the bill in section 1 in §5219-S in subsection 2 in the 2nd line (page 1, line 10 in L.D.) by striking out the following: " 50%" and inserting the following: ' 10%'
Amend the bill in section 1 in §5219-S in subsection 3 in the 3rd line (page 1, line 17 in L.D.) by striking out the following: " 50%" and inserting the following: ' 10%'
Amend the bill by adding after section 2 the following:
‘Sec. 3. Appropriations and allocations. The following appropriations and allocations are made.
ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF
Revenue Services, Bureau of 0002
Initiative: Provides annual General Fund appropriations to the Bureau of Revenue Services for 2 Tax Examiner positions beginning January 1, 2014 and related administrative support.
| GENERAL FUND |
2013-14 |
2014-15 |
|
Personal Services
|
$60,820 |
$129,310 |
|
All Other
|
$60,471 |
$18,248 |
|
 |
|
| GENERAL FUND TOTAL |
$121,291 |
$147,558 |
’
summary
This amendment changes the increase in the state earned income credit to 10% of the federal earned income credit. The bill changed it from 5% to 50%. The amendment retains the provision that the state earned income credit is fully refundable. The amendment also adds an appropriations and allocations section.
FISCAL NOTE REQUIRED
(See attached)