State Seal2 copy            Bill Number: S.B. 1247

            Griffin Floor Amendment

            Reference to: printed bill

            Amendment drafted by: Brandi Lease

 

 

FLOOR AMENDMENT EXPLANATION

 

·         Allows, instead of requires, a conservation easement holder to make an annual payment of monies in lieu of taxes on the reduction of value of the original parcel caused by the placement of the conservation easement.

 

·         Expands the bill to all conservation easement holders, rather than just governmental entities that hold conservation easements.


 

Fifty-third Legislature                                                   Griffin

First Regular Session                                                   S.B. 1247

 

GRIFFIN FLOOR AMENDMENT

SENATE AMENDMENTS TO S.B. 1247

(Reference to printed bill)

 


Page 1, line 4, strike "in lieu" insert "voluntary"; after "payments" insert "in lieu of taxes"

Line 5, strike "a governmental entity that is"

Line 6, strike "shall" insert "may"; strike "property"; after "taxes" insert "on the reduction of value of the original parcel caused by the placement of the conservation easement"

Line 7, strike "property"

Line 9, after "located" insert a period strike remainder of line

Strike lines 10 and 11

Line 14, after "same" strike remainder of line

Strike line 15, insert "manner as other property tax revenues."

Amend title to conform


 

 

GAIL GRIFFIN

 

1247GRIFFIN0602.docx

02/22/2017

06:02 PM

S: BL/jn