House Amendment 8051


PAG LIN




     1  1    Amend House File 2417 as follows:
     1  2 #1.  Page 1, by inserting before line 1 the
     1  3 following:
     1  4    <Section 1.  Section 15.335, subsection 4,
     1  5 unnumbered paragraph 2, Code Supplement 2007, is
     1  6 amended to read as follows:
     1  7    For purposes of this section, "Internal Revenue
     1  8 Code" means the Internal Revenue Code in effect on
     1  9 January 1, 2007 February 14, 2008.
     1 10    Sec.    .  Section 15A.9, subsection 8, paragraph
     1 11 e, unnumbered paragraph 2, Code Supplement 2007, is
     1 12 amended to read as follows:
     1 13    For purposes of this subsection, "Internal Revenue
     1 14 Code" means the Internal Revenue Code in effect on
     1 15 January 1, 2007 February 14, 2008.
     1 16    Sec.    .  Section 422.3, subsection 5, Code
     1 17 Supplement 2007, is amended to read as follows:
     1 18    5.  "Internal Revenue Code" means the Internal
     1 19 Revenue Code of 1954, prior to the date of its
     1 20 redesignation as the Internal Revenue Code of 1986 by
     1 21 the Tax Reform Act of 1986, or means the Internal
     1 22 Revenue Code of 1986 as amended to and including
     1 23 January 1, 2007 February 14, 2008.>
     1 24 #2.  Page 1, by striking line 12 and inserting the
     1 25 following:
     1 26    <Sec.    .  Section 422.10, subsection 3,
     1 27 unnumbered paragraph 2, Code Supplement 2007, is
     1 28 amended to read as follows:
     1 29    For purposes of this section, "Internal Revenue
     1 30 Code" means the Internal Revenue Code in effect on
     1 31 January 1, 2007 February 14, 2008.
     1 32    Sec.    .  Section 422.32, subsection 7, Code
     1 33 Supplement 2007, is amended to read as follows:
     1 34    7.  "Internal Revenue Code" means the Internal
     1 35 Revenue Code of 1954, prior to the date of its
     1 36 redesignation as the Internal Revenue Code of 1986 by
     1 37 the Tax Reform Act of 1986, or means the Internal
     1 38 Revenue Code of 1986 as amended to and including
     1 39 January 1, 2007 February 14, 2008.
     1 40    Sec.    .  Section 422.33, subsection 5, paragraph
     1 41 d, unnumbered paragraph 2, Code Supplement 2007, is
     1 42 amended to read as follows:
     1 43    For purposes of this subsection, "Internal Revenue
     1 44 Code" means the Internal Revenue Code in effect on
     1 45 January 1, 2007 February 14, 2008.
     1 46    Sec.    .  EFFECTIVE AND RETROACTIVE APPLICABILITY
     1 47 DATES.
     1 48    1.  Except as provided in subsection 2, this Act,
     1 49 being deemed of immediate importance, takes effect
     1 50 upon enactment and applies retroactively to January 1,
     2  1 2007, for tax years beginning on or after that date.
     2  2    2.  The section of this Act that amends section
     2  3 422.9, applies>.
     2  4 #3.  Title page, line 1, by inserting after the
     2  5 word <Act> the following:  <updating references to the
     2  6 Internal Revenue Code and>.
     2  7
     2  8
     2  9                               
     2 10 RANTS of Woodbury
     2 11 HF 2417.701 82
     2 12 mg/rj/10317

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