S0478B0497A00963 VDL:NLG 04/30/19 #90 A00963
AMENDMENTS TO SENATE BILL NO. 478
Sponsor: SENATOR HUTCHINSON
Printer's No. 497
Amend Bill, page 2, lines 11 through 14, by striking out "Is
not and whose spouse is not a family member of" in line 11, all
of lines 12 and 13 and "(5)" in line 14
Amend Bill, page 2, line 18, by striking out "(6)" and
inserting
(5)
Amend Bill, page 2, line 22, by striking out "equal to the
percentage change" and inserting
equivalent to any percentage increase
Amend Bill, page 3, by inserting between lines 18 and 19
The term does not include the spouse or a business partner of
the individual.
Amend Bill, page 4, line 12, by striking out "Tax" and
inserting
Beginning farmer management tax
Amend Bill, page 4, line 12, by striking out "for owners of
agricultural assets"
Amend Bill, page 4, line 16, by striking out "allocated" and
inserting
approved
Amend Bill, page 4, line 16, by striking out "under section
1804-H"
Amend Bill, page 4, line 29, by striking out "certification
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and allocation" and inserting
approval
Amend Bill, page 5, line 22, by striking out "Beginning
farmer management" and inserting
Approval of
Amend Bill, page 5, line 23, by striking out "Departmental
approval" and inserting
General rule
Amend Bill, page 5, line 24, by inserting after "department."
The department shall review the application of a tax credit
in consultation with the Department of Agriculture.
Amend Bill, page 5, lines 25 through 29, by striking out
"Duration of tax credit.--The tax credit is limited to" in line
25 and all of lines 26 through 29 and inserting
Tax clearance.--Before an application is approved, the
Department of Revenue must find that the applicant has filed all
required State tax reports and returns for all applicable
taxable years and paid any balance of State tax due as
determined at settlement or assessment or as otherwise
determined by the Department of Revenue.
Amend Bill, page 6, line 19, by inserting after "allocate"
no
Amend Bill, page 6, line 21, by striking out "not"
Amend Bill, page 6, line 21, by inserting after "allocate"
no
Amend Bill, page 7, lines 11 and 12, by striking out "1803-
H(a)(1), (2) and (3) " and inserting
1803-H(a)
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