Florida Senate - 2009                        COMMITTEE AMENDMENT
       Bill No. CS for SB 1310
       
       
       
       
       
       
                                Barcode 286958                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/01/2009           .                                
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       The Committee on Finance and Tax (Pruitt) recommended the
       following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 286 - 291
    4  and insert:
    5  organization as provided in s. 220.187 against any tax due for a
    6  taxable year under s. 624.509(1). However, such a credit may not
    7  exceed 75 percent of the tax due under s. 624.509(1) after
    8  deducting from such tax: deductions for assessments made
    9  pursuant to s. 440.51; credits for taxes paid under ss. 175.101
   10  and 185.08; credits for income taxes paid under chapter 220, the
   11  emergency excise tax paid under chapter 221 and the credit
   12  allowed under subsection 624.509(5), as these credits are
   13  limited by subsection 624.509(6). An insurer claiming a credit
   14  against premium tax