Second Regular Session S.B. 1206
PROPOSED AMENDMENT
SENATE AMENDMENTS TO S.B. 1206
(Reference to printed bill)
Page 5, line 36, strike "2017" insert "2018"
Line 43, strike "of the subtraction" insert "subtracted with respect to each contribution"
Line 44, after "or" insert "fifty percent of"
After line 45, insert:
"C. The aggregate amount subtracted under this section in any taxable year may not exceed thirty percent of the taxpayer's Arizona adjusted gross income."
Reletter to conform
Page 6, line 24, strike "43-1201" insert "501(c)(3) of the internal revenue code"
Amend title to conform