Amendments for HB23-1289
House Journal, April 17
24 Amend printed bill, page 6, strike lines 11 through 14 and substitute:
25
26 "(6) IF THE AMOUNT OF A CREDIT ALLOWED BY THIS SECTION
27 EXCEEDS A QUALIFIED TAXPAYER'S ACTUAL TAX LIABILITY FOR AN INCOME
28 TAX YEAR, THE AMOUNT OF THE CREDIT NOT USED TO OFFSET THE
29 QUALIFIED TAXPAYER'S INCOME TAX LIABILITY IS NOT REFUNDED TO THE
30 QUALIFIED TAXPAYER AND IS NOT CARRIED FORWARD AS A TAX CREDIT
31 AGAINST THE QUALIFIED TAXPAYER'S INCOME TAX LIABILITY IN ANY
32 SUBSEQUENT TAX YEAR.".
33
34 Page 6, line 22, strike "2043." and substitute "2031.".
35
36 Page 9, strike lines 3 through 10 and substitute "INVESTMENT; EXCEPT
37 THAT THE AGGREGATE AMOUNT OF TAX CREDITS ALLOWED PURSUANT TO
38 THIS SECTION SHALL NOT EXCEED TWO HUNDRED FIFTY THOUSAND
39 DOLLARS PER INCOME TAX YEAR.".
40
41 Page 11, strike lines 2 through 5 and substitute:
42
43 "(5) IF THE AMOUNT OF A CREDIT ALLOWED BY THIS SECTION
44 EXCEEDS A QUALIFIED INVESTOR'S ACTUAL TAX LIABILITY FOR AN INCOME
45 TAX YEAR, THE AMOUNT OF THE CREDIT NOT USED TO OFFSET THE
46 QUALIFIED INVESTOR'S INCOME TAX LIABILITY IS NOT REFUNDED TO THE
47 QUALIFIED INVESTOR AND IS NOT CARRIED FORWARD AS A TAX CREDIT
48 AGAINST THE QUALIFIED INVESTOR'S INCOME TAX LIABILITY IN ANY
49 SUBSEQUENT TAX YEAR.".
50
51 Page 11, line 6, strike "2036." and substitute "2031.".
52
53 Strike "2033," and substitute "2026," on: Page 4, line 19; and Page 8, line
54 26.