| HP0407 LD 529 |
First Regular Session - 123rd Legislature - Text: MS-Word, RTF or PDF |
LR 1143 Item 3 |
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| Bill Tracking | Chamber Status | ||
Amend the bill in section 1 in paragraph M in the first paragraph in the 2nd line (page 1, line 5 in L.D.) by striking out the following: " the amount" and inserting the following: ' up to $15,000'
Amend the bill by striking out all of section 2 and inserting the following:
‘Sec. 2. Appropriations and allocations. The following appropriations and allocations are made.
ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF
Revenue Services - Bureau of 0002
Initiative: Provides one-time funds for the computer programming costs associated with the military retirement benefits income tax exemption.
| GENERAL FUND | 2007-08 | 2008-09 |
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All Other
|
$11,000 | $0 |
 |
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| GENERAL FUND TOTAL | $11,000 | $0 |
summary
This amendment is the minority report of the committee. It limits the income tax exemption for newly retired veterans to $15,000.