Sen. Linda Holmes

Filed: 3/5/2010

 

 


 

 


 
09600SB3657sam001 LRB096 20360 HLH 38307 a

1
AMENDMENT TO SENATE BILL 3657

2     AMENDMENT NO. ______. Amend Senate Bill 3657 on page 1,
3 line 12, by replacing "(i) $1,000" with "$1,500"; and
 
4 on page 1, by replacing lines 13 through 15 with "year."; and
 
5 on page 1, by replacing lines 17 and 18 with the following:
6         "(1) the eligible employee must be hired during the
7     taxable year and on or after the effective date of this
8     amendatory Act of the 96th General Assembly"; and
 
9 on page 1, line 23, by deleting "and"; and
 
10 on page 2, line 4, by replacing "business." with "business;
11 and"; and
 
12 on page 2, immediately below line 4, by inserting the
13 following:

 

 

09600SB3657sam001 - 2 - LRB096 20360 HLH 38307 a

1         "(5) the eligible employee may not be a child,
2     grandchild, parent, or spouse, other than a spouse who is
3     legally separated from the individual, of the small
4     business owner or of an individual who has a direct or an
5     indirect ownership interest of at least 5% in the small
6     business."; and
 
7 on page 2, line 7, after "week", by inserting "who was not
8 previously employed by the taxpayer in the calendar year in
9 which the credit is received"; and
 
10 on page 2, line 11, by replacing "that" with "than".