SB 480-1_ Filed 04/09/2007, 07:43 Ruppel
Adopted 4/9/2007


Text Box


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    WITHDRAWN        Noes _______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


[

HOUSE MOTION ____

]

MR. SPEAKER:

    I move that Engrossed Senate Bill 480 be amended to read as follows:

SOURCE: Page 9, line 16; (07)MO048006.9. -->     Page 9, line 16, strike “the first".
    Page 9, line 16, delete “five".
    Page 9, line 16, strike "thousand".
    Page 9, line 17, strike “dollars".
    Page 9, line 17, delete “($5,000)".
    Page 9, line 17, strike “of".
    Page 9, line 23, delete "." and insert “ as follows:
        (1) For the taxable year beginning in 2008, the greater of five thousand dollars ($5,000) or twelve and five-tenths percent (12.5%) of the individual's income described in this subsection.
        (2) For the taxable year beginning in 2009, the greater of five thousand dollars ($5,000) or twenty-five percent (25%) of the individual's income described in this subsection.
        (3) For the taxable year beginning in 2010, the greater of five thousand dollars ($5,000) or thirty-seven and five-tenths percent (37.5%) of the individual's income described in this subsection.
        (4) For the taxable year beginning in 2011, the greater of five thousand dollars ($5,000) or fifty percent (50%) of the individual's income described in this subsection.
        (5) For the taxable year beginning in 2012, the greater of five thousand dollars ($5,000) or sixty-two and five-tenths percent (62.5%) of the individual's income described in this

subsection.
        (6) For the taxable year beginning in 2013, the greater of five thousand dollars ($5,000) or seventy-five percent (75%) of the individual's income described in this subsection.
        (7) For the taxable year beginning in 2014, the greater of five thousand dollars ($5,000) or eighty-seven and five-tenths percent (87.5%) of the individual's income described in this subsection.
        (8) For taxable years beginning in 2015 and thereafter, one hundred percent (100%) of the individual's income described in this subsection.
".
    Page 9, line 23, beginning with “However," begin a new line blocked left.
    (Reference is to ESB 480 as printed April 6, 2007.)

________________________________________

Representative Ruppel


MO048006/DI 92     2007