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.