AMENDMENT FOR PRINTED BILL
159gd

___________________ moved that SB 159 be amended as follows:


    On page 1, line 6, of the printed bill, delete "or" and insert "of".

    On page 1, line 9, delete "ninety" and insert "eighty-two and five-tenths".

    On page 3, line 17, after "company" insert "on the annual premium tax return".

    On page 3, line 18, delete "any" and insert "the previous".

    On page 3, line 24, delete everything after "claimed" and insert "on annual premium tax returns pursuant to this Act may not exceed two million dollars in fiscal year 2017 and each year thereafter.".

    On page 4, delete lines 1 to 8, inclusive.

    On page 4, line 11, delete "Notify" and insert "Annually notify".

    On page 5, line 5, after "year" delete ";" and insert ". Contributions that are not carried forward shall be remitted to the division;".

    On page 5, line 16, delete "December" and insert "March".

    On page 5, line 18, delete "fiscal" and insert "calendar".

    On page 5, line 20, after "received" insert "from each company".

    On page 6, between lines 1 and 2, insert:

"

            (11)    Any donation received that is not awarded a tax credit pursuant to section 2 of this Act is not subject to subdivisions (5) to (7), inclusive, of this section.".

    On page 7, line 14, after "." insert "The scholarship granting organization shall report to the division the name of the insurance company, date, and amount for each contribution received from an insurance company seeking a tax credit pursuant to section 2 of this Act within thirty days of the date of the contribution.".

    On page 7, line 24, after "claimed" delete "in fiscal year 2017" and insert "on the annual premium tax return filed in 2017".