LRBa0542/1
JK:kjf&cjs:rs
2011 - 2012 LEGISLATURE
ASSEMBLY AMENDMENT 2,
TO 2011 SENATE BILL 9
April 12, 2011 - Offered by Representative Molepske Jr.
SB9-AA2,1,4
4"
Section 3e. 71.07 (3n) (b) 3. of the statutes is created to read:
SB9-AA2,2,25
71.07
(3n) (b) 3. Subject to the limitations provided in this subsection, for
6taxable years that begin after December 31, 2010, and before January 1, 2017, a
7claimant may claim as a credit against the tax imposed under ss. 71.02 and 71.08 an
8amount equal to 10 percent of the amount the claimant paid in the taxable year to
9acquire new irrigation equipment for crop farming, if acquired and placed in service
10in this state during taxable years that begin after December 31, 2010, and before
11January 1, 2017, and if such equipment is used for crop farming to the exclusion of
12all other uses except for use not exceeding 5 percent of total use, except that the
1claimant may claim 20 percent of such amounts for equipment that is placed in
2service before December 31, 2012.".
SB9-AA2,2,5
5"
Section 6e. 71.28 (3n) (b) 3. of the statutes is created to read:
SB9-AA2,2,156
71.28
(3n) (b) 3. Subject to the limitations provided in this subsection, for
7taxable years that begin after December 31, 2010, and before January 1, 2017, a
8claimant may claim as a credit against the tax imposed under s. 71.23 an amount
9equal to 10 percent of the amount the claimant paid in the taxable year to acquire
10new irrigation equipment for crop farming, if acquired and placed in service in this
11state during taxable years that begin after December 31, 2010, and before January
121, 2017, and if such equipment is used for crop farming to the exclusion of all other
13uses except for use not exceeding 5 percent of total use, except that the claimant may
14claim 20 percent of such amounts for equipment that is placed in service before
15December 31, 2012.".
SB9-AA2,2,18
18"
Section 9e. 71.47 (3n) (b) 3. of the statutes is created to read:
SB9-AA2,3,419
71.47
(3n) (b) 3. Subject to the limitations provided in this subsection, for
20taxable years that begin after December 31, 2010, and before January 1, 2017, a
21claimant may claim as a credit against the tax imposed under s. 71.43 an amount
22equal to 10 percent of the amount the claimant paid in the taxable year to acquire
23new irrigation equipment for crop farming, if acquired and placed in service in this
24state during taxable years that begin after December 31, 2010, and before January
11, 2017, and if such equipment is used for crop farming to the exclusion of all other
2uses except for use not exceeding 5 percent of total use, except that the claimant may
3claim 20 percent of such amounts for equipment that is placed in service before
4December 31, 2012.".
