Senate
File
509
S-3205
Amend
Senate
File
509
as
follows:
1
1.
Page
1,
by
striking
lines
17
through
21.
2
2.
Page
5,
after
line
5
by
inserting:
3
<
___.
An
individual
may
claim
the
tax
credit
4
allowed
a
partnership,
limited
liability
company,
S
5
corporation,
estate,
or
trust
electing
to
have
the
6
income
taxed
directly
to
the
individual.
The
amount
7
claimed
by
the
individual
shall
be
based
upon
the
8
pro
rata
share
of
the
individual’s
earnings
of
the
9
partnership,
limited
liability
company,
S
corporation,
10
estate,
or
trust.
>
11
3.
Page
5,
by
striking
lines
21
and
22
and
12
inserting:
13
<
1.
Except
as
provided
in
subsection
2,
this
Act,
14
being
deemed
of
immediate
importance,
takes
effect
upon
15
enactment.
>
16
4.
By
renumbering,
redesignating,
and
correcting
17
internal
references
as
necessary.
18
______________________________
RITA
HART
-1-
SF509.2166
(2)
86
da/nh
1/
1
#1.
#2.
#3.
#4.