HOUSE AMENDMENT
Bill No. HB 1839
   
1 CHAMBER ACTION
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Senate House
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12          Representative Ryan offered the following:
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14          Substitute Amendment for Amendment (736455) (with title
15    amendment)
16          Between lines 35 and 36, insert:
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18          Section 2. (1) Notwithstanding the provisions of this act
19    and Senate Bill 18E, adopted during the 2002 Special Session E
20    of the Legislature, and any provision of s. 220.03, Florida
21    Statutes, providing for giving effect under the Florida Income
22    Tax Code to amendments to the Internal Revenue Code, any
23    provision of the Internal Revenue Code of 1986, as amended,
24    which took effect after January 1, 2002, pursuant to the Job
25    Creation and Worker Assistance Act of 2002, shall not be
26    included within the meaning of the term "Internal Revenue Code,"
27    as defined in s. 220.03, Florida Statutes, for purposes of the
28    tax imposed by chapter 220, Florida Statutes, on the income of a
29    corporation and shall not be given effect under the Florida
30    Income Tax Code.
31          (2) The Department of Revenue shall adopt rules to
32    implement the provisions of this section.
33          Section 3. The sum of $124,000,000, available as a result
34    of nonapplication of the provisions of the Job Creation and
35    Worker Assistance Act of 2002 under the Florida Income Tax Code
36    pursuant to section 2, or the full amount made available if less
37    than $124,000,000, is appropriated from the General Revenue Fund
38    as follows: $57,191,523 to the Agency for Health Care
39    Administration for fiscal year 2003-2004 and for the last 2
40    months of the current fiscal year to restore the current
41    medically needy program otherwise scheduled to be changed May 1,
42    2003; the remaining funds to the Department of Education to
43    fully fund Bright Futures Scholarships, to avoid higher
44    education tuition increases at our public postsecondary
45    institutions, to protect the prepaid tuition program, and to
46    restore funding cuts to the State University System.
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48    ================= T I T L E A M E N D M E N T =================
49          Remove line(s) 4, and insert:
50          version of the Internal Revenue Code; specifying nonapplication
51    of certain provisions of the Internal Revenue Code under the
52    Florida Income Tax Code for certain purposes; requiring the
53    Department of Revenue to adopt certain rules; providing
54    appropriations; specifying distribution and uses of certain
55    moneys; providing for