2015 Session

Budget Amendments - SB800 (Conference Report)

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Subtraction for Sale of Land for Open Use (language only)

Item 3-5.15 #1c

Item 3-5.15 #1c

Adjustments and Modifications to Tax Collections
Subtraction for Sale of Land for Open Space Use

Page 517, line 14, after "§ 3-5.15"  strike the remainder of the line and insert:
Page 517, strike lines 15 through 16.

(This amendment removes language that would eliminate the income tax subtraction for gain derived from the sale or exchange of land dedicated to open space use. Legislation authorizing these changes was adopted by the 2015 General Assembly, thus budget language is not required.)