12. Amend page 22, following line 1, by inserting:
“ (11) For the 2024 tax year and each tax year after 2024, the maximum deduction amounts allowed under subsection (9) shall be adjusted by multiplying the amount allowed for the 2023 tax year by a fraction, the numerator of which is the United States Consumer Price Index for the state fiscal year ending in the tax year prior to the tax year for which the adjustment is being made and the denominator of which is the United States Consumer Price Index for the 2021-2022 state fiscal year. The department shall annualize the amounts provided in this subsection as necessary. ” and renumbering the remaining subsection.
The amendments were ruled out of order.
Senator Webber offered the following amendments:
1. Amend page 22, line 29, after “(b)” by striking out “Except as otherwise provided under subdivision (c), on” and inserting “ On ”.
2. Amend page 23, line 1, after “2012” by inserting “ and before January 1, 2023 ”.
3. Amend page 23, following line 1, by inserting:
“ (c) Except as otherwise provided under subdivision (d), on and after January 1, 2023, 4.05%. ” and relettering the remaining subdivision.
The question being on the adoption of the amendments,
Senator Lauwers requested the yeas and nays.
The yeas and nays were ordered, 1/5 of the members present voting therefor.
The amendments were not adopted, a majority of the members serving not voting therefor, as follows: