Text: H01012 Text: H01014 Text: H01000 - H01099 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend House File 2 as follows:
1 2 #1. Page 1, by striking lines 3 through 29 and
1 3 inserting the following:
1 4 "13. Subtract, to the extent included, the amount
1 5 of additional social security benefits taxable under
1 6 the Internal Revenue Code for tax years beginning on
1 7 or after January 1, 1994. The amount of social
1 8 security benefits taxable as provided in section 86 of
1 9 the Internal Revenue Code, as amended up to and
1 10 including January 1, 1993, continues to apply for
1 11 state income tax purposes for tax years beginning on
1 12 or after January 1, 1994, except that the base amounts
1 13 used in that section shall be forty thousand dollars
1 14 for married taxpayers filing jointly, zero dollars for
1 15 a married taxpayer who does not file jointly and does
1 16 not live apart from the taxpayer's spouse at all times
1 17 during the tax year, and thirty-one thousand for all
1 18 other taxpayers. Married taxpayers, who file a joint
1 19 federal income tax return and who elect to file
1 20 separate returns or who elect separate filing on a
1 21 combined return for state income tax purposes, shall
1 22 allocate between the spouses the amount of benefits
1 23 subtracted from net income in the ratio of the social
1 24 security benefits received by each spouse to the total
1 25 of these benefits received by both spouses."
1 26 #2. Title page, line 1, by striking the words
1 27 "phasing out" and inserting the following: "relating
1 28 to".
1 29
1 30
1 31
1 32 OSTERHAUS of Jackson
1 33 HF 2.301 79
1 34 mg/cf
Text: H01012 Text: H01014 Text: H01000 - H01099 Text: H Index Bills and Amendments: General Index Bill History: General Index
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