SB 490-1_ Filed 02/23/2009, 09:44 Zakas

SENATE MOTION


MADAM PRESIDENT:

    I move
that Senate Bill 490 be amended to read as follows:

    Delete the title and insert the following:
    A BILL FOR AN ACT concerning taxation.

SOURCE: Page 1, line 1; (09)MO049001.1. -->     Page 1, delete lines 1 through 17.
    Delete page 2.
    Page 3, delete lines 1 through 32.
    Page 3, line 33, delete "county", begin a new paragraph and insert:
SOURCE: ; (09)MO049001.1. -->     SECTION 1. [EFFECTIVE MAY 1, 2009 (RETROACTIVE)] (a) The commission on state tax and financing policy shall, in 2009 during the interim between sessions of the general assembly, study:
        (1)
".
SOURCE: Page 3, line 34; (09)MO049001.3. -->     Page 3, line 34, delete "the" and insert " each".
    Page 3, line 37, delete "the county" and insert " Indiana".
    Page 3, line 38, delete "year. The difference is the amount" and insert " year, or another calendar year as determined by the commission on state tax and financing policy; and
        (2) the issues related to funding government services for taxing units that impose a property tax in a taxing district that has a greater than average amount of tax exempt property.
The commission shall report the study results in an electronic format under IC 5-14-6 to the legislative council.
".

    Page 3, delete lines 38 through 42.
    Delete pages 4 through 8, begin a new paragraph and insert:
SOURCE: ; (09)MO049001.2. -->     "SECTION 2. An emergency is declared for this act.".
    (Reference is to SB 490 as printed February 20, 2009.)

________________________________________

Senator ZAKAS


MO049001/DI 51
2009