Sen. John J. Cullerton

Filed: 10/26/2011

 

 


 

 


 
09700SB0405sam002LRB097 04252 HLH 59071 a

1
AMENDMENT TO SENATE BILL 405

2    AMENDMENT NO. ______. Amend Senate Bill 405, AS AMENDED,
3with reference to page and line numbers of Senate Amendment No.
41, on page 83, immediately below line 1, by inserting the
5following:
6    "A taxpayer that elects to be subject to this subsection
7(c-1) for any taxable year ending on or after December 31, 2011
8and before December 31, 2012 is not entitled to a refund of any
9overpayment of his or her tax liability for that taxable year,
10but the taxpayer may carry those excess amounts forward to any
11future taxable year.".