AN ACT REVISING THE INCOME TAX CHECKOFF SYSTEM BY REDUCING FROM $20,000 TO $10,000 THE THRESHOLD AMOUNT THAT TRIGGERS TERMINATION OF CERTAIN TAX CHECKOFFS; AMENDING SECTION 12, CHAPTER 581, LAWS OF 1993, AND SECTION 1, CHAPTER 12, LAWS OF 1995; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE AND A RETROACTIVE APPLICABILITY DATE.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:

Section 1. Section 12, Chapter 581, Laws of 1993, is amended to read:

"Section 12. Contingent termination. A voluntary income tax checkoff created in 15-30-150, 15-30-152, or 15-30-155 terminates on January 1 of the first tax year following the 2 immediately preceding tax years in which the voluntary checkoff raises less than $10,000 in each of those 2 tax years."

Section 2. Section 1, Chapter 12, Laws of 1995, is amended to read:

"Section 1. Section 12, Chapter 581, Laws of 1993, is amended to read:

"Section 12. Contingent termination. A voluntary income tax checkoff created in 15-30-150 or 15-30-155 terminates on January 1 of the first tax year following the 2 immediately preceding tax years in which the voluntary checkoff raises less than $10,000 in each of those 2 tax years.""

Section 3. Effective date. [This act] is effective on passage and approval.

Section 4. Retroactive applicability. [This act] applies retroactively, within the meaning of 1-2-109, to voluntary income tax checkoff programs to which the contingent termination in section 1, Chapter 12, Laws of 1995, applied and that were in effect prior to January 1, 1999.

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I hereby certify that the within bill,

SB 0380, originated in the Senate.

Secretary of the Senate

President of the Senate

Signed this	day

of	, .

Speaker of the House

Signed this	day

of	, .

SENATE BILL NO. 380

INTRODUCED BY J. LYNCH, J. COBB, A. BISHOP, B. CRIPPEN, D. ECK, D. EWER, D. HAINES,

M. HALLIGAN, D. HARRINGTON, D. MAHLUM

AN ACT REVISING THE INCOME TAX CHECKOFF SYSTEM BY REDUCING FROM $20,000 TO $10,000 THE THRESHOLD AMOUNT THAT TRIGGERS TERMINATION OF CERTAIN TAX CHECKOFFS; AMENDING SECTION 12, CHAPTER 581, LAWS OF 1993, AND SECTION 1, CHAPTER 12, LAWS OF 1995; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE AND A RETROACTIVE APPLICABILITY DATE.