Sen. Linda Holmes
Filed: 3/5/2010
 
 

 




 

 		












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AMENDMENT TO SENATE BILL 3657 




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    AMENDMENT NO. ______. Amend Senate Bill 3657  on page 1, 
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line 12, by replacing "(i) $1,000" with "$1,500"; and


 
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on page 1, by replacing lines 13 through 15 with "year."; and
 
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on page 1, by replacing lines 17 and 18 with the following: 
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        "(1) the eligible employee must be hired during the 
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    taxable year and on or after the effective date of this 
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    amendatory Act of the 96th General Assembly"; and
 
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on page 1, line 23, by deleting "and"; and
 
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on page 2, line 4, by replacing "business." with "business; 
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and"; and
 
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on page 2, immediately below line 4, by inserting the 
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following:
 


 






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        "(5) the eligible employee may not be a  child, 
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    grandchild, parent, or spouse, other than a spouse who is 
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    legally separated from the individual, of the small 
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    business owner or of an individual who has a direct or an 
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    indirect ownership interest of at least 5%  in the small 
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    business."; and
 
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on page 2, line 7, after "week", by inserting "who was not 
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previously employed by the taxpayer in the calendar year in 
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which the credit is received"; and
 
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on page 2, line 11, by replacing "that" with "than".