FORTY-SIXTH LEGISLATURE

FIRST SESSION, 2003





March 1, 2003





Mr. Speaker:



Your GOVERNMENT AND URBAN AFFAIRS COMMITTEE, to whom has been referred



HOUSE BILL 747



has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:



1. On page 1, line 11, strike "RELATING TO PROPERTY TAXATION;" and after the word "TAX" insert "INCOME".



2. On page 4, line 23, after "to" insert "fifty percent of".



3. On page 5, line 18, after the period insert:



"A taxpayer may claim only one tax credit per taxable

year.".



4. On page 7, line 3, after "to" insert "fifty percent of".



5. On page 7, line 22, after the period insert:



"A taxpayer may claim only one tax credit per taxable

year.".,



and thence referred to the TAXATION AND REVENUE COMMITTEE.



Respectfully submitted,







Mimi Stewart, Chairman





Adopted Not Adopted

(Chief Clerk) (Chief Clerk)



Date



The roll call vote was 7 For 0 Against

Yes: 7

Excused: Luna

Absent: None





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