Rep. Barbara Flynn Currie

Filed: 4/5/2011

 

 


 

 


 
09700HB2955ham001LRB097 08285 HLH 53117 a

1
AMENDMENT TO HOUSE BILL 2955

2    AMENDMENT NO. ______. Amend House Bill 2955 on page 17,
3line 3, after "Code", by inserting "and any amount included in
4gross income under Section 87 of the Internal Revenue Code";
5and
 
6on page 39, line 8, after "Code", by inserting "and any amount
7included in gross income under Section 87 of the Internal
8Revenue Code"; and
 
9on page 63, line 17, after "Code", by inserting "and any amount
10included in gross income under Section 87 of the Internal
11Revenue Code"; and
 
12on page 81, line 9, after "greater", by inserting "; this
13subparagraph (H) is exempt from the provisions of Section 250";
14and
 

 

 

09700HB2955ham001- 2 -LRB097 08285 HLH 53117 a

1o page 81, line 16, after "Code", by inserting "; this
2subparagraph (I) is exempt from the provisions of Section 250";
3and
 
4on page 82, line 3, after "Code", by inserting "and any amount
5included in gross income under Section 87 of the Internal
6Revenue Code"; and
 
7on page 102, by replacing lines 9 and 10 with the following:
8"the taxable year of such loss, except as provided in
9subsection (d)."; and
 
10on page 104, by replacing lines 20 and 21 with the following:
11    "positive, zero;
12        (2) minus an amount equal to the amount computed under
13    subsection (a), without"; and
 
14on page 231, by replacing lines 12 and 13 with the following:
15"the period that includes the taxable year and the 2
16immediately preceding taxable years or, if the corporation was
17formed during the current or immediately preceding taxable
18year, the taxable years in which the corporation has been in
19existence, derived substantially all its gross".