STATEMENT TO

[Fourth Reprint]

SENATE, No. 1500

with Senate Floor Amendments

(Proposed by Senator SINGLETON)

ADOPTED: MARCH 25, 2019

      These Senate amendments remove from the bill persons organized under paragraph (6) of subsection (c) of section 501 of the federal Internal Revenue Code (26 U.S.C. s.501), which had been added by amendments in the General Assembly.