CODING: Words stricken are deletions; words underlined are additions.



                                                   HOUSE AMENDMENT

                                  Bill No. CS for SB 426, 1st Eng.

    Amendment No. ___ (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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  4  ______________________________________________________________

  5                                           ORIGINAL STAMP BELOW

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11  Representative(s) Frankel and Greenstein offered the

12  following:

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14         Amendment (with title amendment) 

15         On page 21, between lines 8 and 9,

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17  and insert:

18         Section 24.  Notwithstanding the passage of SB 2028

19  during the 2002 regular session, taxpayers of the state

20  corporate income tax shall not be entitled to any change in

21  business depreciation bonus or related tax breaks contained in

22  the Job Creation and Worker Assistance Act of 2002.  Any

23  revenues collected due to this provision shall be appropriated

24  to the Department of Education for the purpose of raising

25  teacher salaries to the national average to encourage the

26  recruitment and retention of quality teachers.

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29  ================ T I T L E   A M E N D M E N T ===============

30  And the title is amended as follows:

31         On page 3, line 9, after the semicolon, of the bill

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    File original & 9 copies    03/18/02
    hmo0011                     10:13 am         00426-0085-830573




                                                   HOUSE AMENDMENT

                                  Bill No. CS for SB 426, 1st Eng.

    Amendment No. ___ (for drafter's use only)





  1  insert:

  2         clarifying the effect of SB 2028 on corporate

  3         income tax; providing an appropriation;

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    File original & 9 copies    03/18/02
    hmo0011                     10:13 am         00426-0085-830573