___________________ moved that SB 128 be amended as follows:
"
Section 1. That
§
10-6-74
be amended to read as follows:
10-6-74.
Any real property which sells for more than one hundred
fifty
sixty
percent of its
assessed value, may not be used for the purpose of valuing other real property. The sale of any real
property which is not used for the purpose of valuing other real property pursuant to this section may
not be used in any sales ratio study.
Section 2. For taxes payable in 2007, the levy for the general fund of a school district, as
provided in
§
10-12-42, shall be lowered by:
Section 3. That
§
10-6-74
be amended to read as follows:
10-6-74.
Any real property which sells for more than
one hundred fifty
one hundred seventy-five
percent of its assessed value, may not be used for the purpose of valuing other real property. The sale
of any real property which is not used for the purpose of valuing other real property pursuant to this
section may not be used in any sales ratio study.
Section 4. That
§
10-6-74
be amended to read as follows:
10-6-74.
Any real property which sells for more than
one hundred fifty
one hundred ninety
percent of its assessed value, may not be used for the purpose of valuing other real property. The sale
of any real property which is not used for the purpose of valuing other real property pursuant to this
section may not be used in any sales ratio study.
10-6-74.
Any real property which sells for more than
one hundred fifty
two hundred ten
percent
of its assessed value, may not be used for the purpose of valuing other real property. The sale of any
real property which is not used for the purpose of valuing other real property pursuant to this section
may not be used in any sales ratio study.
Section 6. That
§
10-6-74
be repealed.
10-6-74.
Any real property which sells for more than one hundred fifty percent of its assessed
value, may not be used for the purpose of valuing other real property. The sale of any real property
which is not used for the purpose of valuing other real property pursuant to this section may not be
used in any sales ratio study.
Section 7. Section 3 of this Act is effective on July 1, 2007.
Section 8. Section 4 of this Act is effective on July 1, 2009.
Section 9. Section 5 of this Act is effective on July 1, 2011.
Section 10. Section 6 of this Act is effective on July 1, 2012."