SB2033 HFA Pushkin #1 10-8

Altizer – 3259

Delegate Pushkin moves to amend SB2033, Section 4h, on page 4,by striking out lines 12 through 18 in their entirety and inserting in lieu thereof, the following:

“Not over $10,000 2.16% of the taxable income

Over $10,000 but not over $25,000 $216 plus 2.87% of excess over $10,000

Over $25,000 but not over $40,000 $646.50 plus 3.23% of excess over $25,000

Over $40,000 but not over $60,000 $1,131 plus 4.3% of excess over $40,000

Over $60,000 $1,991 plus 4.67% of excess over $60,000”

And,

On page 4, Section 4h, by striking out lines 25 through 30 in their entirety, and inserting in lieu thereof, the following:

“Not over $5,000 2.16% of the taxable income

Over $5,000 but not over $12,500 $108 plus 2.87% of excess over $5,000

Over $12,500 but not over $20,000 $323.25 plus 3.23% of excess over $12,500

Over $20,000 but not over $30,000 $565.50 plus 4.3% of excess over $20,000

Over $30,000 $995.50 plus 4.67% of excess over $30,000”