Second Regular Session H.B. 2674
PROPOSED AMENDMENT
SENATE AMENDMENTS TO H.B. 2674
(Reference to House engrossed bill)
Page 2, strike lines 32 through 38
Page 4, between lines 2 and 3 insert:
“6. THE GROSS PROCEEDS OF SALES OR GROSS INCOME DERIVED FROM ENTRY FEES PAID BY PARTICIPANTS FOR EVENTS THAT either:
(a) UNTIL march 1, 2017, CONSIST OF A RUN, WALK, SWIM OR BICYCLE RIDE OR A SIMILAR EVENT, OR ANY COMBINATION OF THESE EVENTS.
(b) ARE OPERATED OR CONDUCTED BY NONPROFIT ORGANIZATIONS THAT ARE EXEMPT FROM TAXATION UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE AND OF WHICH NO PART OF THE ORGANIZATION'S NET EARNINGS INURES TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL, IF THE EVENT CONSISTS OF A RUN, WALK, SWIM OR BICYCLE RIDE OR A SIMILAR EVENT, OR ANY COMBINATION OF THESE EVENTS.”
Page 9, line 40, strike “JANUARY 31” insert “MARCH 1”
Page 12, strike lines 7 and 8
Amend title to conform