FIFTIETH LEGISLATURE

FIRST SESSION, 2011

 

March 10, 2011

 

 

 

Mr. Speaker:

 

    Your TAXATION AND REVENUE COMMITTEE, to whom has been referred

 

HOUSE BILL 273

 

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

 

     1. On page 1, line 13, after "2015", insert "AND LIMITING THE CREDIT".

 

     2. On page 2, line 4, before "withholding", insert "fifty percent of" and after "taxes", insert "paid on behalf of employees and owners with no more than five percent ownership that are".

 

                             

                             Respectfully submitted,

 

 

 

                                                                 

Edward C. Sandoval, Chairman

 

 

Adopted     Not Adopted

           (Chief Clerk)                            (Chief Clerk)

 

Date

 

 

The roll call vote was 14 For 0 Against

Yes:      14

No:       0

Excused:  Martinez, R.

Absent:   None

 

.185789.1

 

Z:\2011 Session\CommitteeReports\HB0273TR1.wpd