Amendments to senate Bill No. 7

2nd Reading Copy

Requested by Greg Hertz

For the (S) Committee of the Whole

Prepared by Jaret Coles

02/01/2021, 04:32:58

1. Title, line 7.

Following: "REFUNDED;"

Insert: "PROVIDING A HOUSEHOLD INCOME LIMITATION IN ORDER TO BE ELIGIBLE FOR THE CREDIT FOR ENERGY-CONSERVING EXPENDITURES;"

2. Title, line 11.

Following: the second "AND"

Strike: "A RETROACTIVE"

3. Title, line 11.

Strike: "DATE"

Insert: "DATES"

4. Page 2, line 6.

Strike: "subsection"

Insert: "subsections"

5. Page 2, line 6.

Following: "(2)"

Insert: "and (3)"

6. Page 2, line 12.

Following: "15-32-104"

Insert: ".

(3) A taxpayer with household income, as defined in 15-30-2337, of more than $45,000 is not eligible for the credit provided by this section. The taxpayer shall verify gross household income requirements, as defined in 15-30-2337, on a form prescribed by the department. Applicants are subject to the false swearing penalties established in 45-7-202"

7. Page 3, line 11.

Following: "applicability"

Insert: "-- applicability"

8. Page 3, line 11.

Strike: "[This act]"

Insert: "(1) Except as provided in subsection (2), [this act]"

9. Page 3, line 12.

Following: "2020."

Insert: "(2) [Section 3(3)], amending 15-32-109(3), is applicable to income tax years beginning after December 31, 2021."