SB 459-1_ Filed 03/29/2005, 11:01 Welch
Adopted 3/29/2005


Text Box


    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______
    RULED OUT OF ORDER


[

HOUSE MOTION ____

]

MR. SPEAKER:

    I move that Engrossed Senate Bill 459 be amended to read as follows:

SOURCE: Page 1, line 14; (05)MO045904.1. -->     Page 1, between lines 14 and 15, begin a new paragraph and insert:
SOURCE: IC 6-3-3-11; (05)MO045904.2. -->     "SECTION 2. IC 6-3-3-11 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2006]: Sec. 11. (a) As used in this section, "eligible physician" means a physician:
        (1) who is licensed under IC 25-22.5; and
        (2) whose eligibility for the tax credit allowed under this section is certified by the office.
    (b) As used in this section, "office" refers to the office of Medicaid policy and planning established by IC 12-8-6-1.
    (c) A physician may submit a statement, at the times and in the form prescribed by the office, requesting a certification of the physician's eligibility for the tax credit allowed under this section.
    (d) The office shall certify that a physician is eligible for the tax credit allowed under this section and issue a certificate of eligibility to the physician if the physician serves as a primary medical provider:
        (1) under the Medicaid program under IC 12-15; and
        (2) to at least five hundred (500) Medicaid recipients during the physician's taxable year.
    (e) An eligible physician is entitled to a credit against the physician's adjusted gross income tax liability equal to five hundred dollars ($500) for each taxable year that the physician's eligibility for the tax credit is certified by the office.
    (f) To receive the credit allowed under this section, an eligible

physician must claim the credit on the physician's annual state tax return or returns in the manner prescribed by the department. The physician shall submit to the department a copy of the physician's certificate of eligibility for the tax credit.
    (g) The credit allowed by this section may not exceed the amount of the physician's adjusted gross income tax imposed by IC 6-3-1 through IC 6-3-7 for the taxable year, reduced by the sum of all credits (as determined without regard to this section) allowed by IC 6-3-1 through IC 6-3-7.
".

SOURCE: Page 6, line 35; (05)MO045904.6. -->     Page 6, between lines 35 and 36, begin a new paragraph and insert:
SOURCE: ; (05)MO045904.8. -->     "SECTION 8. [EFFECTIVE JANUARY 1, 2006] IC 6-3-3-11, as added by this act, applies to taxable years beginning after December 31, 2005.".
    Renumber all SECTIONS consecutively.
    (Reference is to ESB 459 as printed March 25, 2005.)

________________________________________

Representative Welch


MO045904/DI 97     2005