FORTY-FIFTH LEGISLATURE

SECOND SESSION, 2002





February 11, 2002





Mr. Speaker:



Your TAXATION AND REVENUE COMMITTEE, to whom has been referred



HOUSE BILL 92



has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:



1. On page 2, line 16, after the subsection designation "C." insert "The number of qualified students whose employment qualifies for a job mentorship tax credit pursuant to this section or the Corporate Income and Franchise Tax Act shall be limited to seven hundred fifty qualified students in any calendar year.".



2. On page 2, line 19, after the period insert "The certificates shall be issued in the order in which they are requested but no more than seven hundred fifty certificates shall be issued in any calendar year.".



3. On page 6, line 11, after the subsection designation "C." insert "The number of qualified students whose employment qualifies for a job mentorship tax credit pursuant to this section or the Income Tax Act shall be limited to seven hundred fifty qualified students in any calendar year.".



4. On page 6, line 14, after the period insert "The certificates shall be issued in the order in which they are requested but no more than seven hundred fifty certificates shall be issued in any calendar year.".



Respectfully submitted,







Donald L. Whitaker, Chairman





Adopted Not Adopted

(Chief Clerk) (Chief Clerk)



Date



The roll call vote was 13 For 0 Against

Yes: 13

Excused: Burpo

Absent: Boykin, Russell





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