Text: S05681                            Text: S05683
Text: S05600 - S05699                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

Senate Amendment 5682

Amendment Text

PAG LIN
  1  1    Amend House File 2513, as amended, passed, and
  1  2 reprinted by the House, as follows:
  1  3    #1.  Page 1, by inserting before line 1 the
  1  4 following:  
  1  5                      "DIVISION    
  1  6                     RATE REDUCTION
  1  7    Section 1.  Section 422.5, subsection 1, paragraphs
  1  8 a through i, Code Supplement 1997, are amended to read
  1  9 as follows:
  1 10    a.  On all taxable income from zero through one
  1 11 thousand dollars, thirty-six thirty-four hundredths of
  1 12 one percent.
  1 13    b.  On all taxable income exceeding one thousand
  1 14 dollars but not exceeding two thousand dollars,
  1 15 seventy-two sixty-eight hundredths of one percent.
  1 16    c.  On all taxable income exceeding two thousand
  1 17 dollars but not exceeding four thousand dollars, two
  1 18 and forty-three thirty-one hundredths percent.
  1 19    d.  On all taxable income exceeding four thousand
  1 20 dollars but not exceeding nine thousand dollars, four
  1 21 and one-half twenty-eight hundredths percent.
  1 22    e.  On all taxable income exceeding nine thousand
  1 23 dollars but not exceeding fifteen thousand dollars,
  1 24 six five and twelve eighty-one hundredths percent.
  1 25    f.  On all taxable income exceeding fifteen
  1 26 thousand dollars but not exceeding twenty thousand
  1 27 dollars, six and forty-eight sixteen hundredths
  1 28 percent.
  1 29    g.  On all taxable income exceeding twenty thousand
  1 30 dollars but not exceeding thirty thousand dollars, six
  1 31 and eight-tenths forty-six hundredths percent.
  1 32    h.  On all taxable income exceeding thirty thousand
  1 33 dollars but not exceeding forty-five thousand dollars,
  1 34 seven and ninety-two fifty-two hundredths percent.
  1 35    i.  On all taxable income exceeding forty-five
  1 36 thousand dollars, eight and ninety-eight fifty-three
  1 37 hundredths percent.
  1 38    Sec.    .  This division of this Act applies to tax
  1 39 years beginning on or after January 1, 1999."
  1 40    #2.  Title page, line 1, by inserting after the
  1 41 word "by" the following:  "reducing the income tax
  1 42 rates,".
  1 43    #3.  By renumbering as necessary.  
  1 44 
  1 45 
  1 46                               
  1 47 STEVEN D. HANSEN 
  1 48 HF 2513.311 77
  1 49 mg/cf/28
     

Text: S05681                            Text: S05683
Text: S05600 - S05699                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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