Amendment #1 to H3671

An Act relative to the earned income tax credit

The committee on Bills in the Third Reading recommends that the bill be amended Engrossed Bill relative to the earned income tax credit (see House, No. 3671) being section 67 contained in the Engrossed Bill  making appropriations for the fiscal year 2016 for the maintenance of the departments, boards, commissions, institutions and certain activities of the commonwealth, for interest, sinking fund and serial bond requirements and for certain permanent improvements (see House, No. 3650), which was returned by His Excellency the Governor pursuant to Article LVI with recommendation of amendment specified by him, (see Attachment H of  House, No. 3675)

Reports recommending that the amendment recommended by His Excellency the Governor be considered in the following form:

By striking out all after the enacting clause and inserting in place thereof the following:-

“SECTION 1. Section 6 of chapter 62 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by striking out, in lines 302 and 307, the figure “15” and  inserting in place thereof, in each instance, the following figure:- 23.

SECTION 2. Subsection (2) of section 95 of chapter 173 of the acts of 2008 is hereby amended by striking out, in line 1, the word “7-year” and inserting in place thereof the following word:- 30-year.

SECTION 3. Said subsection (2) of said section 95 of said chapter 173 is hereby further amended by striking out the figure “2016”, inserted by section 189 of chapter 165 of the acts of 2014, and inserting in place thereof the following figure:- 2021.

SECTION 4. Said subsection (2) of said section 95 of said chapter 173 is hereby further amended by striking out, in line 2, the word “one-seventh” and inserting in place thereof the following word:- one-thirtieth.

SECTION 5.  Section 1 shall take effect on January 1, 2016 and shall apply to tax years beginning on or after January 1, 2016.”.