Bill Number: H.B. 2125
Crandell Floor Amendment
Reference to: FIN amendment
Amendment drafted by: Leg Council
FLOOR AMENDMENT EXPLANATION
First Regular Session H.B. 2125
CRANDELL FLOOR AMENDMENT
SENATE AMENDMENTS TO H.B. 2125
(Reference to FIN amendment)
Page 2, line 10, after "FOR" strike remainder of line, insert ":
(a) The first tax year following approval pursuant to this subsection shall not exceed an amount equal to the previously approved amount plus one‑third of the difference between the previously approved amount and the amount approved pursuant to this subsection.
(b) The second tax year following approval pursuant to this subsection shall not exceed an amount equal to the previously approved amount plus two‑thirds of the difference between the previously approved amount and the amount approved pursuant to this subsection.
(c) Every tax year after the tax year described in subdivision (b) of this paragraph shall not exceed the amount approved pursuant to this subsection."
Amend title to conform
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