House File 2317 H-8025 Amend House File 2317 as follows: 1 1. Page 11, by striking lines 19 and 20 and inserting: 2 < (d) On taxable income exceeding $150,000 but not exceeding 3 $2,000,000, the rate of 6.00 percent. 4 (e) On taxable income exceeding $2,000,000, the rate of 6.50 5 percent. > 6 2. Page 11, by striking lines 27 and 28 and inserting: 7 < (c) On taxable income exceeding $60,000 but not exceeding 8 $2,000,000, the rate of 5.70 percent. 9 (d) On taxable income exceeding $2,000,000, the rate of 6.50 10 percent. > 11 3. Page 11, by striking lines 33 and 34 and inserting: 12 < (b) On taxable income exceeding $12,000 but not exceeding 13 $2,000,000, the rate of 4.82 percent. 14 (c) On taxable income exceeding $2,000,000, the rate of 6.50 15 percent. > 16 4. Page 12, by striking lines 12 and 13 and inserting: 17 < (d) On taxable income exceeding $75,000 but not exceeding 18 $1,000,000, the rate of 6.00 percent. 19 (e) On taxable income exceeding $1,000,000, the rate of 6.50 20 percent. > 21 5. Page 12, by striking lines 20 and 21 and inserting: 22 < (c) On taxable income exceeding $30,000 but not exceeding 23 $1,000,000, the rate of 5.70 percent. 24 (d) On taxable income exceeding $1,000,000, the rate of 6.50 25 percent. > 26 6. Page 12, by striking lines 26 and 27 and inserting: 27 < (b) On taxable income exceeding $6,000 but not exceeding 28 $1,000,000, the rate of 4.82 percent. 29 (c) On taxable income exceeding $1,000,000, the rate of 6.50 30 percent. > 31 7. Page 13, line 18, by striking < a rate of four percent > 32 and inserting < the following rates: > 33 8. Page 13, before line 19 by inserting: 34 < (1) In the case of married persons filing jointly, for 35 -1- HF 2317.3145 (1) 89 jm/jh 1/ 2 #1. #2. #3. #4. #5. #6. #7. #8.
taxable income from zero through two million dollars, four 1 percent, and for taxable income exceeding two million dollars, 2 six and one-half percent . 3 (2) In the case of any other taxpayer other than married 4 persons filing jointly, for taxable income from zero through 5 one million dollars, four percent, and for taxable income 6 exceeding one million dollars, six and one-half percent. > 7 ______________________________ KONFRST of Polk -2- HF 2317.3145 (1) 89 jm/jh 2/ 2