1.1Senator Putnam moved to amend
S.F. No. 263 as follows:
1.2Page 1, line 17, delete "
paycheck protection" and insert "
the following items"
1.3Page 1, delete lines 18 and 19
1.4Page 1, line 20, delete everything before the comma
1.5Page 1, line 21, strike the period and insert a colon
1.6Page 1, after line 21, insert:
1.7"
(1)(i) exclusion from gross income of paycheck protection loan forgiveness under
1.8section 1106 of Public Law 116-136; (ii) modifications to the paycheck protection
loan
1.9program under Public Laws 116-142, 116-139, and 116-147; and (iii) deductions allowed
1.10under section 276 of Public Law 116-260; and
1.11(2) for taxable years beginning after December 31, 2019, and before January 1, 2022,
1.12the exclusion from gross income of educator expenses, including personal protective
1.13equipment, disinfectant, and other supplies used for the prevention of the spread
of
1.14COVID-19 under section 275 of Public Law 116-260."
1.15Page 5, line 3, delete "
paycheck protection loan forgiveness and allowable" and insert
1.16"
the following items,"
1.17Page 5, delete lines 4 and 5
1.18Page 5, line 7, strike the period and insert a colon
1.19Page 5, after line 7, insert:
1.20"
(1)(i) exclusion from gross income of paycheck protection loan forgiveness under
1.21section 1106 of Public Law 116-136; (ii) modifications to the paycheck protection
loan
1.22program under Public Laws 116-142, 116-139, and 116-147; and (iii) deductions allowed
1.23under section 276 of Public Law 116-260; and
1.24(2) for taxable years beginning after December 31, 2019, and before January 1, 2022,
1.25the exclusion from gross income of educator expenses, including personal protective
1.26equipment, disinfectant, and other supplies used for the prevention of the spread
of
1.27COVID-19 under section 275 of Public Law 116-260."
1.28Page 5, line 19, delete "
paycheck protection loan" and insert "
the following items"
1.29Page 5, delete lines 20 and 21
1.30Page 5, line 22, delete everything before the comma
2.1Page 5, line 23, strike the period and insert a colon
2.2Page 5, after line 23, insert:
2.3"
(1)(i) exclusion from gross income of paycheck protection loan forgiveness under
2.4section 1106 of Public Law 116-136; (ii) modifications to the paycheck protection
loan
2.5program under Public Laws 116-142, 116-139, and 116-147; and (iii) deductions allowed
2.6under section 276 of Public Law 116-260; and
2.7(2) for taxable years beginning after December 31, 2019, and before January 1, 2022,
2.8the exclusion from gross income of educator expenses, including personal protective
2.9equipment, disinfectant, and other supplies used for the prevention of the spread
of
2.10COVID-19 under section 275 of Public Law 116-260."
2.11Page 13, delete lines 25 and 26 and insert "
of the following items"
2.12Page 13, line 27, delete everything before the second comma
2.13Page 13, line 28, strike the period and insert a colon
2.14Page 13, after line 28, insert:
2.15"
(1)(i) exclusion from gross income of paycheck protection loan forgiveness under
2.16section 1106 of Public Law 116-136; (ii) modifications to the paycheck protection
loan
2.17program under Public Laws 116-142, 116-139, and 116-147; and (iii) deductions allowed
2.18under section 276 of Public Law 116-260; and
2.19(2) for taxable years beginning after December 31, 2019, and before January 1, 2022,
2.20the exclusion from gross income of educator expenses, including personal protective
2.21equipment, disinfectant, and other supplies used for the prevention of the spread
of
2.22COVID-19 under section 275 of Public Law 116-260."
2.23Page 17, line 18, delete everything after "
of" and insert "
the following items,"
2.24Page 17, delete lines 19 and 20
2.25Page 17, line 22, strike the period and insert a colon
2.26Page 17, after line 22, insert:
2.27"
(1)(i) exclusion from gross income of paycheck protection loan forgiveness under
2.28section 1106 of Public Law 116-136; (ii) modifications to the paycheck protection
loan
2.29program under Public Laws 116-142, 116-139, and 116-147; and (iii) deductions allowed
2.30under section 276 of Public Law 116-260; and
3.1(2) for taxable years beginning after December 31, 2019, and before January 1, 2022,
3.2the exclusion from gross income of educator expenses, including personal protective
3.3equipment, disinfectant, and other supplies used for the prevention of the spread
of
3.4COVID-19 under section 275 of Public Law 116-260."
3.5Page 18, line 8, delete everything after the first "
of" and insert "
the following items"
3.6Page 18, delete line 9
3.7Page 18, line 10, delete everything before the third comma
3.8Page 18, line 11, strike the period and insert a colon
3.9Page 18, after line 11, insert:
3.10"
(1)(i) exclusion from gross income of paycheck protection loan forgiveness under
3.11section 1106 of Public Law 116-136; (ii) modifications to the paycheck protection
loan
3.12program under Public Laws 116-142, 116-139, and 116-147; and (iii) deductions allowed
3.13under section 276 of Public Law 116-260; and
3.14(2) for taxable years beginning after December 31, 2019, and before January 1, 2022,
3.15the exclusion from gross income of educator expenses, including personal protective
3.16equipment, disinfectant, and other supplies used for the prevention of the spread
of
3.17COVID-19 under section 275 of Public Law 116-260."
3.18The motion prevailed. #did not prevail. So the amendment was #not adopted.