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| 1 | AMENDMENT TO HOUSE BILL 3393
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| 2 | AMENDMENT NO. ______. Amend House Bill 3393 on page 2, line | ||||||
| 3 | 21, after "Act,", by inserting "beginning on July 1, 2017,"; | ||||||
| 4 | and | ||||||
| 5 | on page 2, line 23, by replacing "of 20%" with "at the rate of | ||||||
| 6 | 20% of the fees earned from the investment strategy of the | ||||||
| 7 | investment manager and not from the investment itself; the | ||||||
| 8 | privilege tax shall be imposed".
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