Senate File 549 H-1239 Amend the amendment, H-1211, to Senate File 549, as amended, passed, and reprinted by the Senate, as follows: 1. Page 1, before line 5 by inserting: 3 < Sec. ___. Section 432.1, subsections 2 and 4, Code 2023, 4 are amended to read as follows: 5 2. The “applicable percent” for purposes of subsection 1 of 6 this section and section 432.2 is the following: 7 a. For calendar years beginning before the 2003 calendar 8 year, two percent. 9 b. For the 2003 calendar year, one and three-fourths 10 percent. 11 c. For the 2004 calendar year, one and one-half percent. 12 d. For the 2005 calendar year, one and one-fourth percent. 13 e. For the 2006 and subsequent calendar years year through 14 the 2023 calendar year , one percent. 15 f. For the 2024 calendar year, nine hundred seventy-five 16 thousandths of one percent. 17 g. For the 2025 calendar year, ninety-five hundredths of one 18 percent. 19 h. For the 2026 calendar year, nine hundred twenty-five 20 thousandths of one percent. 21 i. For the 2027 and subsequent calendar years, nine-tenths 22 of one percent. 23 4. The “applicable percent” for purposes of subsection 3 is 24 the following: 25 a. For calendar years beginning before the 2004 calendar 26 year, two percent. 27 b. For the 2004 calendar year, one and three-fourths 28 percent. 29 c. For the 2005 calendar year, one and one-half percent. 30 d. For the 2006 calendar year, one and one-fourth percent. 31 e. For the 2007 and subsequent calendar years year through 32 the 2023 calendar year , one percent. 33 f. For the 2024 calendar year, nine hundred seventy-five 34 thousandths of one percent. 35 -1- H 1211.1638 (4) 90 ko/rn 1/ 2 #1.
g. For the 2025 calendar year, ninety-five hundredths of one 1 percent. 2 h. For the 2026 calendar year, nine hundred twenty-five 3 thousandths of one percent. 4 i. For the 2027 and subsequent calendar years, nine-tenths 5 of one percent. > 6 2. By renumbering as necessary. 7 ______________________________ KAUFMANN of Cedar -2- H 1211.1638 (4) 90 ko/rn 2/ 2 #2.