Your Committee on Ways and Means , to which was referred House Bill 1478 , has had the same under consideration and begs leave to report the same back to the House with the recommendation that said bill be amended as follows:
For purposes of this subsection, notice is considered to have been
received by the taxpayer as of the date of the notice.
(c) IC 6-1.1-9-3 does not apply to a contractor's actions under subsection (a).".
Page 3, line 24, strike "(b)" and insert " (d)".
Page 3, line 34, delete ":" and insert " and in the following order:".
Page 3, line 35, delete "All" and insert " First, for all".
Page 3, between lines 35 and 36, begin a new line block indented and insert:
" (2) Second, for deposit in the county's reassessment fund. The amount deposited in the county's reassessment fund under this subdivision may not exceed twenty percent (20%) of the remaining money collected as a result of a contract entered into under this section.".
Page 3, delete lines 36 through 40, begin a new paragraph and insert:
(2) (e) After the payments required by subdivision (1) subsection
(d) have been made and the contract has expired, the county auditor
shall distribute all money remaining in the fund to the appropriate
taxing units in the county using the property tax rates of each taxing
unit in effect at the time of the distribution.".
Page 3, line 41, delete "(c)" and insert " (f)".
Page 4, line 3, delete "(d)" and insert " (g)".
Page 4, line 6, delete "(e)" and insert " (h)".
Renumber all SECTIONS consecutively.
(Reference is to HB 1478 as introduced.)
and when so amended that said bill do pass.