SB 459-1_ Filed 03/29/2005, 11:01 Welch
PREVAILED Roll Call No. _______
FAILED Ayes _______
WITHDRAWN Noes _______
RULED OUT OF ORDER
HOUSE MOTION ____
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
(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.)
MO045904/DI 97 2005