SB 388-1_ Filed 03/23/2009, 11:18 Clements


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    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______
    RULED OUT OF ORDER


[

HOUSE MOTION ____

]

MR. SPEAKER:

    I move that Engrossed Senate Bill 388 be amended to read as follows:

SOURCE: Page 2, line 21; (09)MO038803.2. -->     Page 2, delete lines 21 through 42, begin a new paragraph and insert:
SOURCE: IC 12-29-1-8; (09)MO038803.2. -->     "SECTION 2. IC 12-29-1-8 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2009 (RETROACTIVE)]: Sec. 8. This section applies to the extent that a county has not pledged an appropriation for the payment of bonds or lease rentals. If the tax collections from a property tax levy from which an appropriation is made under this chapter are reduced in a year under IC 6-1.1-20.6-9.5, a county may reduce the appropriation under this chapter. The maximum amount by which the appropriation may be reduced is equal to the amount by which collections from the levy were reduced under IC 6-1.1-20.6-9.5 multiplied by a fraction. The numerator of the fraction is the amount of the appropriation. The denominator of the appropriation is the total of all appropriations made for the year that are payable from the levy.
SOURCE: IC 12-29-2-21; (09)MO038803.3. -->     SECTION 3. IC 12-29-2-21 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2009 (RETROACTIVE)]: Sec. 21. This section applies to the extent that a county has not pledged an appropriation for the payment of bonds or lease rentals. If the tax collections from a property tax levy from which an appropriation is made under this chapter are reduced in a year under IC 6-1.1-20.6-9.5, a county may reduce the appropriation under this chapter. The maximum

amount by which the appropriation may be reduced is equal to the amount by which collections from the levy were reduced under IC 6-1.1-20.6-9.5 multiplied by a fraction. The numerator of the fraction is the amount of the appropriation. The denominator of the appropriation is the total of all appropriations made for the year that are payable from the levy.".
    Delete page 3.

SOURCE: Page 4, line 1; (09)MO038803.4. -->     Page 4, delete lines 1 through 8.
    Renumber all SECTIONS consecutively.
    (Reference is to ESB 388 as printed March 17, 2009.)

________________________________________

Representative Clements


MO038803/DI 51     2009