SOURCE: Page 2, line 34; (02)MO046203.2. -->
Page 2, line 34, delete "credit" and insert "
exemption".
Page 4, line 17, delete "applicant:" and insert "
applicant intends
to:".
Page 4, line 18, delete "intends to".
Page 4, line 23, delete "retains" and insert "
retain".
Page 4, line 24, delete "six" and insert "
two".
Page 4, line 24, delete "(1,600)" and insert "
(1,200)".
Page 4, line 36, delete "credit" and insert "
exemption".
Page 5, line 12, delete "credit." and insert "
exemption.".
Page 5, line 14, delete "credit" and insert "
exemption".
Page 5, delete lines 16 through 24, begin a new paragraph and
insert:
"
Sec. 10. The inventory located in the county of a high impact
business is exempt from property taxation for ten (10) years
following the designating body's adoption of a resolution taking
final action under section 8 of this chapter. A certified copy of the
resolution shall be sent to the county auditor, who shall grant the
exemption as provided in section 11 of this chapter.".
Page 5, line 26, delete "credit" and insert "
exemption".
Page 5, line 27, delete "credit" and insert "
exemption".
Page 5, line 29, delete "credit" and insert "
exemption".
Page 5, line 34, delete "credit" and insert "
exemption".
Page 5, line 39, delete "credit" and insert "
exemption".
Page 5, line 41, delete "credit." and insert "
exemption.".
Page 6, line 2, delete "credit" and insert "
exemption".
Page 6, line 5, delete "credit." and insert "
exemption.".
Page 6, line 6, after "tax" delete "credit" and insert "
exemption".
Page 6, line 6, after "of the" delete "credit" and insert "
exemption".
Page 7, line 10, delete "credit" and insert "
exemption".
Page 7, line 12, delete "more" and insert "
after the ten (10) year
exemption provided under section 10 of this chapter expires.".
Page 7, delete lines 13 through 15.
Page 7, line 17, delete "credit" and insert "
exemption".
Page 7, line 19, delete "credit" and insert "
exemption".
Page 7, line 28, delete "credit" and insert "
exemption".
Page 7, line 32, delete "credit" and insert "
exemption".
Page 7, line 38, delete "credit." and insert "
exemption.".
Page 7, line 39, delete "credit" and insert "
exemption".
Page 8, line 10, delete "credit" and insert "
exemption".
Page 8, line 17, delete "property tax".
Page 8, line 18, delete "credits received by".
Page 8, line 18, delete "owner" and insert "
owner's property taxes
that were exempted".
Page 8, line 22, delete "first".
Page 8, line 23, delete "owner received a" and insert "
owner's".
Page 8, line 23, delete "credit" and insert "
exemption".
Page 8, line 24, delete "chapter." and insert "
chapter
commenced.".
Page 8, line 33, delete "credit." and insert "
exemption.".
Page 8, line 37, delete "credit" and insert "
exemption".
Page 8, line 38, after "the" insert "
additional".
Page 8, line 38, delete "were" and insert "
would have been".
Page 8, line 39, delete "unit." and insert "
unit if the property tax
exemption had not been in effect.".
Page 9, line 5, delete "credit" and insert "
exemption".
Page 9, line 13, delete "credit" and insert "
exemption".
Page 9, line 37, delete "credit" and insert "
exemption".
Page 9, line 39, after "determine the" insert "
additional".
Page 9, line 39, delete "were" and insert "
would have been".
Page 9, line 40, delete "owner." and insert "
owner if the
exemption had not been in effect.".
Page 10, line 5, delete "credit" and insert "
exemption".
Page 10, line 9, delete "credit" and insert "
exemption".
Page 10, line 11, after "determine the" insert "
additional".
Page 10, line 11, delete "were" and insert "
would have been".
Page 10, line 12, delete "unit." and insert "
unit if the exemption
had been in effect.".
Page 10, delete lines 21 through 24 and insert " after December 31,
2003.".
(Reference is to ESB 462 as printed February 22, 2002.)
________________________________________
MO046203/DI 44 2002