hb0430.hfa.01 Converted WP Floor Amendments

H.B. 430
REVISIONS TO TAX

House Floor Amendments

Amendment 1 March 6, 2014 3:34 PM

Representative Jim Nielson proposes the following amendments:

1.    Page 15, Lines 433 through 434 :

             433          (ii) "Base fiscal year revenue" means the
difference between:

    (A) 70% of the

total revenue the commission collects in the

434 base fiscal year for a tax imposed under Subsections 59-13-201 (1)(a) and 59-13-301 (1)(a)

{ . } ; and

(B) an amount equal to the maximum amount allowed to be appropriated or transferred to state agencies from the Transportation Fund each year under Section 72-2-103.

2.    Page 15, Lines 438 through 440 :

             438          (iv) "Reduction fiscal year revenue" means the
difference between:

    (A) 70% of the

total revenue the commission collects in

             439      a reduction fiscal year for a tax imposed under Subsections 59-13-201 (1)(a) and
             440      59-13-301 (1)(a)
{ . }      ; and

    (B) an amount equal to the maximum amount allowed to be appropriated or transferred to state agencies from the Transportation Fund each year under Section 72-2-103.

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