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| 1 | AMENDMENT TO SENATE BILL 1719
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| 2 | AMENDMENT NO. ______. Amend Senate Bill 1719 on page 2, | ||||||
| 3 | line 21, after "Act,", by inserting "beginning on July 1, | ||||||
| 4 | 2017,"; and | ||||||
| 5 | on page 2, line 23, by replacing "of 20%" with "at the rate of | ||||||
| 6 | 20% of the fees earned from the investment strategy of the | ||||||
| 7 | investment manager and not from the investment itself; the | ||||||
| 8 | privilege tax shall be imposed"; and
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| 9 | on page 5, by deleting lines 7 through 10.
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