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: 
   <Sec. ___.  Section 432.1, subsections 2 and 4, Code 2023, are amended to read as follows:
   2.  The “applicable percent” for purposes of subsection 1 of this section and section 432.2 is the following:
   a.  For calendar years beginning before the 2003 calendar year, two percent.
   b.  For the 2003 calendar year, one and three-fourths percent.
   c.  For the 2004 calendar year, one and one-half percent.
   d.  For the 2005 calendar year, one and one-fourth percent.
   e.  For the 2006 and subsequent calendar years year through the 2023 calendar year, one percent.
   f.  For the 2024 calendar year, nine hundred seventy-five thousandths of one percent.
   g.  For the 2025 calendar year, ninety-five hundredths of one percent.
   h.  For the 2026 calendar year, nine hundred twenty-five thousandths of one percent.
   i.  For the 2027 and subsequent calendar years, nine-tenths of one percent.
   4.  The “applicable percent” for purposes of subsection 3 is the following:
   a.  For calendar years beginning before the 2004 calendar year, two percent.
   b.  For the 2004 calendar year, one and three-fourths percent.
   c.  For the 2005 calendar year, one and one-half percent.
   d.  For the 2006 calendar year, one and one-fourth percent.
   e.  For the 2007 and subsequent calendar years year through the 2023 calendar year, one percent.
   f.  For the 2024 calendar year, nine hundred seventy-five thousandths of one percent.
   g.  For the 2025 calendar year, ninety-five hundredths of one percent.
   h.  For the 2026 calendar year, nine hundred twenty-five thousandths of one percent.
   i.  For the 2027 and subsequent calendar years, nine-tenths of one percent.>
   2.  By renumbering as necessary.

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KAUFMANN of Cedar