Amend the Isett Amendment (Amendment packet, page 5) as
follows:
(1) On page 1, strike lines 2-11 of the amendment.
(2) On page 1, line 13, strike "$1 million" and substitute
"$1.09 million".
(3) On page 1, between lines 13 and 14, insert the following
items:
(6A) On page 12, line 24, strike "and" and substitute
"[and]".
(6B) On page 12, line 25, strike "(vi) to" and substitute
the following:
(vi) to the extent included in Subsection
(c)(1)(A) but not subtracted as a cost of goods sold, depreciation
used in the determination of gain or loss on the disposition of real
property from which 80 percent or more of the gross income from the
property is rental income; and
(vii) to
(6C) On page 14, line 8, strike "and" and substitute
"[and]".
(6D) On page 14, line 9, strike "(v) to" and substitute the
following:
(v) to the extent included in Subsection
(c)(2)(A) but not subtracted as a cost of goods sold, depreciation
used in the determination of gain or loss on the disposition of real
property from which 80 percent or more of the gross income from the
property is rental income; and
(vi) to
(6E) On page 11, line 9, strike "adding Subsection (t)" and
substitute "adding Subsections (t) and (u)".
(6F) On page 16, between lines 24 and 25, insert:
(u) A taxable entity may exclude from total revenue the
actual cost paid by the taxable entity for a vaccine administered
by:
(1) a physician licensed under Subtitle B, Title 3,
Occupations Code, or by a person directed by the physician; or
(2) an advanced practice nurse licensed and authorized
to practice under Subtitle E, Title 3, Occupations Code, or by a
person directed by the advanced practice nurse.
(6G) On page 17, between lines 8 and 9, insert an
appropriately numbered section and renumber the remaining sections
of the bill appropriately:
SECTION ____. Section 171.1011(p), Tax Code, as effective
January 1, 2008, is amended by adding Subdivision (8) to read as
follows:
(8) "Vaccine" means a preparation of dead, or live
attenuated, viruses or bacteria used to prevent an infectious
disease by inducing active immunity.