AMENDMENT(S) PROPOSED BY THE SENATE

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1. Line 19, introduced, at the beginning of the line

strike

all of lines 19 and 20

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2. Line 45, introduced, at the beginning of the line

strike

all of lines 45 through 49 and through Commissioner on line 50

insert

refunded by the Tax Commissioner. Tax credits shall be refunded by the Tax Commissioner on behalf of the Commonwealth for 100 percent of face value.  Tax credits shall be refunded within 90 days after the filing date of the income tax return on which the individual applies for the refund

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3. Line 52, introduced, after by

strike

a pass-thru entity

insert

a pass-through entity

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4. Line 59, introduced, after allocated

strike

or transferred

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5. Line 60, introduced, after allocates

strike

or transfers

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6. Line 61, introduced, after allocated

strike

or transferred