Amendment No. 591

Senate Amendment to Senate Bill No. 403 (BDR 32-6)

Proposed by: Committee on Taxation

Amendment Box:

Resolves Conflicts with: N/A

Amends: Summary: Title: Preamble: Joint Sponsorship:

ASSEMBLY ACTION Initial and Date | SENATE ACTION Initial and Date

Adopted Lost | Adopted Lost

Concurred In Not | Concurred In Not

Receded Not | Receded Not

Amend section 1, page 2, by deleting line 1 and inserting:

"3. [Except as otherwise provided in subsection 7, the] The total number of".

Amend section 1, page 2, by deleting line 10 and inserting:

"4. [Except as otherwise provided in subsection 7, the] The total number of".

Amend section 1, pages 2 and 3, by deleting lines 28 through 41 on page 2 and lines 1 and 2 on page 3 and inserting:

"[7. Except as otherwise provided in subsection 8, if a business employs in a calendar quarter a person whose monthly income for that calendar quarter is 150 percent or less of the federally designated level signifying poverty, the business may exclude the total number of hours which the employee worked during that calendar quarter in calculating the total number of hours worked by employees of the business during the quarter if the business provided to the employee for the whole calendar quarter:

(a) Free child care for the children of the employee at an on-site child care facility; or

(b) One or more vouchers for use by the employee to pay the total cost of child care for the calendar quarter at a licensed child care facility that is within a reasonable distance from the business.

8. The number of hours excluded pursuant to subsection 7 must not reduce the total tax liability of the business by more than 50 percent.

9. As used in this section, the term "on-site child care facility" has the meaning ascribed to it in NRS 432A.0275.]".

Amend the title of the bill to read as follows:

"AN ACT relating to taxation; eliminating the provision that authorizes a reduction in the business tax for a business that provides child care for certain employees with low income; and providing other matters properly relating thereto.".

Amend the summary of the bill to read as follows:

"SUMMARY—Eliminates provision authorizing reduction in business tax for business that provides child care for certain employees with low income. (BDR 32-6)".