Menu
2010 Session

Budget Amendments - HB30 (Committee Approved)

View Budget Item
View Budget Item amendments

Restore Ch 781 Language (language only)

Item 3-5.11 #1h

Item 3-5.11 #1h

Adjustments and Modifications to Tax Collections
Conformity to Internal Revenue Code

Language
Page 381, strike lines 28 through 35 and insert:
"§ 3-5.12 EXTENSION OF LIMITATIONS AND CARRYOVERS
The provisions enacted by Chapters 12 and 510, 2009 Acts of Assembly, shall be extended one additional year by extending the $50,000 limit through the 2011 taxable year and extending the carryover period by one additional year. "


Explanation
(This technical amendment restores language included in Chapter 781, 2009, that was inadvertently left out of House Bill 30 as introduced.)