Sen. Frank C. Watson

Filed: 5/13/2005

 

 


 

 


 
09400HB0395sam002 LRB094 06840 BDD 46582 a

1
AMENDMENT TO HOUSE BILL 395

2     AMENDMENT NO. ______. Amend House Bill 395, AS AMENDED,
3 with reference to page and line numbers of Senate Amendment No.
4 1, on page 1, by replacing lines 19 and 20 with the following:
5 "Research Fund; and shall determine the ratio of amounts
6 contributed per checkoff fund to the total amounts collected
7 for all checkoff funds in that year.
8     Notwithstanding any other provision of law to the contrary,
9 from amounts contributed to each checkoff fund, the Department
10 must deduct an amount equal to that fund's pro rata share of
11 the administrative and printing expenses incurred by the
12 Department for the administration of the income tax checkoff
13 program. The amounts deducted may be used by the Department
14 only for those administrative and printing costs. The amounts
15 deducted shall not reduce the total contributions for the
16 purpose of determining whether the contributions to the fund
17 have met the $100,000 requirement under Section 509.
18     The Department must notify the State Comptroller and the
19 State Treasurer of the amounts, after the deduction for
20 administrative and printing costs, to be transferred from the".