Bill
Number: S.B. 1248
Leach Floor Amendment
Reference to: printed bill
Amendment drafted by: Carolyn Speroni
FLOOR AMENDMENT EXPLANATION
· Removes all changes to the bill other than the requirement for a Rule B if a property has been modified by construction, destruction or demolition such that the total added value of the modification is equal to or greater than 15 percent of the full cash value.
First Regular Session S.B. 1248
LEACH SUBSTITUTE FLOOR AMENDMENT
SENATE AMENDMENTS TO S.B. 1248
(Reference to printed bill)
I move the following SUBSTITUTE amendment to the FINANCE Committee Amendment
to
SENATE BILL 1248 (Reference to printed bill)
Page 1, line 5, strike "; statute of"
Strike line 6
Line 14, after "in" strike remainder of line
Line 15, strike "accordance with chapter 12 of this title" insert "use"
Line 18, strike "since the preceding valuation year" insert "since the preceding valuation year"
Line 19, strike ", net of any destruction or demolition,"
Line 20, strike "twenty" insert "fifteen"; after "value" insert a period and strike remainder of line
Strike lines 21 through 24
Line 27, after "entity" insert a period and strike remainder of line
Strike lines 28 and 29
Line 30, strike ", subdivided" insert ",subdivided"
Line 38, after "classification" strike remainder of line
Strike line 39
Line 40, strike "year"
Page 2, lines 1 and 11, strike ", subdivided" insert ",subdivided"
Strike lines 22 and 23
Amend title to conform