HB 1478-16_ Filed 04/10/2007, 09:41 Broden

SENATE MOTION


MADAM PRESIDENT:

    I move
that Engrossed House Bill 1478 be amended to read as follows:

SOURCE: Page 62, line 3; (07)MO147820.62. -->     Page 62, between lines 3 and 4, begin a new paragraph and insert:
    " (d) For purposes of computing a credit under IC 6-1.1-20.6, a taxpayer's property tax liability does not include the liability for a tax levied under this chapter. A tax levied under this chapter may not be reduced on account of a credit under IC 6-1.1-20.6. A credit under IC 6-1.1-20.6 may not be increased on account of a tax levied under this chapter.".
    Page 62, line 4, "delete "(d)" and insert " (e)".
    Page 155, line 8, after "area." insert " For purposes of computing a credit under IC 6-1.1-20.6, a taxpayer's property tax liability does not include the liability for a special assessment imposed under this chapter. A special assessment imposed under this chapter may not be reduced on account of a credit under IC 6-1.1-20.6. A credit under IC 6-1.1-20.6 may not be increased on account of a special assessment imposed under this chapter.".
    (Reference is to EHB 1478 as printed April 6, 2007.)

________________________________________

Senator BRODEN


MO147820/DI 73
2007