FORTY-EIGHTH LEGISLATURESB 869/a

FIRST SESSION, 2007

February 14, 2007

Madam President:

    Your CORPORATIONS AND TRANSPORTATION COMMITTEE, to whom has been referred

SENATE BILL 869

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

    1. On page 2, line 7, after the period insert:

    "The taxpayer may claim the tax credit if the taxpayer has not provided employer-sponsored health insurance to the taxpayer's employees or their dependents within the previous twelve months.".

    2. On page 2, lines 8 through 16, strike Subsection B in its entirety.

    3. Reletter the succeeding subsections accordingly.

    4. On page 3, line 19, after the period insert:

    "The taxpayer may claim the tax credit if the taxpayer has not provided employer-sponsored health insurance to the taxpayer's employees or their dependents within the previous twelve months.".

    5. On page 3, line 20, through page 4, line 3, strike Subsection B in its entirety.

    6. Reletter the succeeding subsections accordingly.

    7. On page 4, line 15, insert the following new section:

    "Section 4. DELAYED REPEAL.--The provisions of this act are repealed effective January 1, 2010.".,

and thence referred to the FINANCE COMMITTEE.

                               Respectfully submitted,

                               __________________________________

                               Shannon Robinson, Chairman

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 9 For 0 Against

Yes:      9

No:       0

Excused: None

Absent:   None

SB0869CT1                                                  .168061.1