HB 1447-9_ Filed 04/14/2009, 10:15 Hershman

SENATE MOTION


MADAM PRESIDENT:

    I move
that Engrossed House Bill 1447 be amended to read as follows:

SOURCE: Page 157, line 36; (09)MO144721.157. -->     Page 157, between lines 36 and 37, begin a new paragraph and insert:
SOURCE: IC 6-3.1-26-26; (09)MO144721.137. -->     "SECTION 137. IC 6-3.1-26-26, AS AMENDED BY P.L.137-2006, SECTION 7, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2009]: Sec. 26. (a) This chapter applies to taxable years beginning after December 31, 2003.
    (b) Notwithstanding the other provisions of this chapter, the corporation may not approve a credit for a qualified investment made after December 31, 2011. 2015. However, this section may not be construed to prevent a taxpayer from carrying an unused tax credit attributable to a qualified investment made before January 1, 2012, 2016, forward to a taxable year beginning after December 31, 2011, 2015, in the manner provided by section 15 of this chapter.".
    Renumber all SECTIONS consecutively.
    (Reference is to EHB 1447 as printed April 10, 2009.)

________________________________________

Senator HERSHMAN


MO144721/DI 73
2009