House Amendment 8578


PAG LIN




     1  1    Amend the amendment, H=8566, to House File 2794, as
     1  2 follows:
     1  3 #1.  Page 10, by striking lines 43 through 47 and
     1  4 inserting the following:  <development expenses.  In
     1  5 determining the amount of early childhood development
     1  6 expenses, such expenses paid during November and
     1  7 December of the previous tax year shall be considered
     1  8 paid in the tax year for which the tax credit is
     1  9 claimed.  This credit is>.
     1 10 #2.  Page 11, by inserting after line 6 the
     1 11 following:
     1 12    <Sec.    .  Section 422.12C, subsection 2,
     1 13 paragraph b, Code Supplement 2005, is amended by
     1 14 striking the paragraph.>
     1 15 #3.  Page 24, by inserting after line 31 the
     1 16 following:
     1 17    <   .  The sections of this division of this Act
     1 18 amending section 422.12C, subsection 2, apply
     1 19 retroactively to January 1, 2006, for tax years
     1 20 beginning on or after that date.>
     1 21
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     1 23                               
     1 24 HOGG of Linn
     1 25 HF 2794.205 81
     1 26 mg/sh/5476
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