SB 496-3_ Filed 02/14/2005, 10:50 Kenley

SENATE MOTION


MADAM PRESIDENT:

    I move
that Senate Bill 496 be amended to read as follows:

SOURCE: Page 8, line 40; (05)MO049604.8. -->     Page 8, delete lines 40 through 42.
    Delete pages 9 through 11.
    Page 12, delete lines 1 through 37.
    Page 23, line 28, delete "and a copy of the" and insert ",".
    Page 23, line 29, delete "petition filed under section 3 of this chapter,".
    Page 23, delete lines 34 through 36.
    Page 23, line 37, delete "(2)" and insert " (1)".
    Page 23, line 39, delete "(3)" and insert " (2)".
    Page 30, line 34, after "years" insert ", if the bonded indebtedness or lease is payable from ad valorem property taxes, the county adjusted gross income tax imposed under IC 6-3.5-1.1, the county option income tax imposed under IC 6-3.5-6, or the county economic development income tax imposed under IC 6-3.5-7. With respect to bonded indebtedness or a lease payable from ad valorem property taxes, the petition must be filed".
    Page 31, line 1, after "chapter" insert " or the department of state revenue, or both,".
    Page 31, line 2, after "lease." insert " The local government tax control board, the department of state revenue, and other state agencies shall provide information to the department that the department considers necessary to determine the estimated impact of the issuance of bonds or execution of a lease on the civil taxing unit's ad valorem property tax rate or the rate of an income tax imposed by the civil taxing unit under IC 6-3.5-1.1, IC 6-3.5-6, or IC 6-3.5-7.".
    Page 31, line 35, delete "tax" and insert " ad valorem property tax rate or on the rate of an income tax imposed by the civil taxing unit under IC 6-3.5-1.1, IC 6-3.5-6, or IC 6-3.5-7".
    Page 31, line 36, delete "rates".
    Page 41, line 14, delete "and send a copy of the petition filed under

section 1 of this".
    Page 41, line 15, delete "chapter,".
    Page 41, line 15, after "mail" delete ",".
    Page 41, delete lines 25 through 27.
    Page 41, line 28, delete "(2)" and insert " (1)".
    Page 41, line 30, delete "(3)" and insert " (2)".
    Page 69, line 13, delete "(a) The definitions set".
    Page 69, delete lines 14 through 15.
    Page 69, line 16, delete "(b)" and insert " (a)".
    Page 69, run in lines 13 through 16.
    Page 69, line 16, after "SECTION," insert " IC 6-1.1-18.5-8 and IC 6-1.1-19-8, both as amended by".
    Page 69, line 16, after "act" insert " ,".
    Page 69, line 17, delete "applies" and insert " apply".
    Page 69, line 18, delete "(c)" and insert " (b)".
    Page 69, line 24, delete "(d)" and insert " (c)".
    Page 69, line 24, delete "political subdivision" and insert " civil taxing unit or school corporation".
    Page 69, line 28, delete "political subdivision" and insert " civil taxing unit or school corporation".
    Page 69, line 34, delete "political subdivision" and insert " civil taxing unit or school corporation".
    Renumber all SECTIONS consecutively.
    (Reference is to SB 496 as printed February 11, 2005.)

________________________________________

Senator KENLEY


MO049604/DI 44
2005