Bill Amendment: AZ SB1206 | 2018 | Fifty-third Legislature 2nd Regular

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: Tax subtraction; donated surplus food

Status: 2018-02-07 - Senate FIN Committee action: Held, voting: (0-0-0-0) [SB1206 Detail]

Download: Arizona-2018-SB1206-SENATE_-_Finance.html

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Fifty-third Legislature                                                   Finance

Second Regular Session                                                  S.B. 1206

 

PROPOSED AMENDMENT

SENATE AMENDMENTS TO S.B. 1206

(Reference to printed bill)

 

 

Page 5, line 36, strike "2017" insert "2018"

Line 43, strike "of the subtraction" insert "subtracted with respect to each contribution"

Line 44, after "or" insert "fifty percent of"

After line 45, insert:

"C.  The aggregate amount subtracted under this section in any taxable year may not exceed thirty percent of the taxpayer's Arizona adjusted gross income."

Reletter to conform

Page 6, line 24, strike "43-1201" insert "501(c)(3) of the internal revenue code"

Amend title to conform

 

 

KAREN FANN

 

1206FANN1

02/05/2018

1:30 PM

C: dmt