HB 1005-2_ Filed 02/24/2000, 10:28

SENATE MOTION


MR. PRESIDENT:

    I move that Engrossed House Bill 1005 be amended to read as follows:

    Page 35, line 38, reset in roman "with respect".
    Page 35, line 39, reset in roman "to a particular year".
    Page 58, between lines 9 and 10, begin a new paragraph and insert:
    " (e) Agricultural land shall be valued according to its value for agricultural purposes.".
    Page 66, line 12, after "court." insert " In any event, a property tax refund or credit must be issued not later than ninety (90) days after the request is received.".
    Page 87, between lines 26 and 27, begin a new paragraph and insert:
    " (c) The committee established under subsection (a) shall meet within ninety (90) days after the completion of the statewide reassessment to review and determine the fairness regarding the impact of the assessment on different groups of taxpayers. The committee shall consider the impact of the reassessment on:
        (1) home ownership;
        (2) senior citizens who own homes;
        (3) farm and agricultural landowners;
        (4) inventory and personal property for businesses.
".
    Page 87, line 27, delete "(c)" and insert " (d)".
    Page 87, between lines 37 and 38, begin a new line block indented and insert:
        " (4) The information required under subsection (c).".
    Page 87, line 38, delete "(d)" and insert " (e)".



    Page 87, line 42, delete "(e)" and insert " (f)".
    Page 88, line 6, delete "(f)" and insert " (g)".

    (Reference is to EHB 1005 as printed February 22, 2000.)

________________________________________

Senator KENLEY


RS 100501/DI kc
2000