SB 378-3_ Filed 03/22/2005, 11:12 Woodruff
Adopted 3/22/2005


Text Box


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    WITHDRAWN        Noes _______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


[
HOUSE MOTION ____

]

MR. SPEAKER:

    I move that Engrossed Senate Bill 378 be amended to read as follows:

    Page 7, line 32, reset in roman “(a)”.
    Page 7, between lines 36 and 37, begin a new paragraph and insert:
    “ (b) Notwithstanding subsection (a) of this section, the total amount of credits allowed a taxpayer (or, if the person producing ethanol is a pass through entity, the shareholders, partners, or members of the pass through entity) may increase to an amount not to exceed a total of five million dollars ($5,000,000) for all taxable years with the prior approval of the Indiana economic development corporation.
    (Reference is to Engrossed Senate Bill 378 as printed March 18, 2005.)

________________________________________

Representative WOODRUFF


RH 037802/DI jc
2005