Budget Amendment ID: FY2022-S3-797

ECO 797

Taxation of Pass-Through Entities

Messrs. O'Connor and Tarr moved that the proposed new text be amended in section 17, in line 11, by striking the word “or” and inserting in place thereof the following:- “, including”; and in line 18 by inserting after the word “person” the following:- “, estate, or trust”; and in line 21 by striking the words “pay an excise” and inserting in place thereof the following:- “have an excise tax imposed”.