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House Amendment 1487

Amendment Text

PAG LIN
  1  1    Amend House File 654, as amended, passed, and
  1  2 reprinted by the House, as follows:
  1  3    #1.  Page 1, by striking lines 13 and 14 and
  1  4 inserting the following:  "shall be limited to six
  1  5 hundred thousand dollars in the aggregate and shall
  1  6 not be allowed unless refund claims are filed prior to
  1  7 October 1, 2003, notwithstanding any other provision
  1  8 of law.  If the amount of claims totals more than six
  1  9 hundred thousand dollars in the aggregate, the
  1 10 department of revenue and finance shall prorate the
  1 11 six hundred thousand dollars among all claimants in
  1 12 relation to the amounts of the claimants' valid
  1 13 claims.  However, notwithstanding any other provision
  1 14 of law, each valid refund claim shall be paid by the
  1 15 department of revenue and finance in five equal
  1 16 installments, or as equal as possible, over five
  1 17 fiscal years beginning with the fiscal year beginning
  1 18 July 1, 2003.  Claimants shall not be entitled to
  1 19 interest on any installments." 
  1 20 HF 654S
  1 21 mg/cc/26
     

Text: H01486                            Text: H01488
Text: H01400 - H01499                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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