AMENDMENT FOR SENATE STATE AFFAIRS COMMITTEE ENGROSSED BILL
1fq

___________________ moved that SB 1 be amended as follows:


    On page 10 of the Senate State Affairs Committee engrossed bill, delete lines 3 to 7, inclusive, and insert:

"bridge reserve fund." Any increased tax levy imposed pursuant to this section is exempt from the provisions of § 10-13-35, if the county establishes the amount of revenue payable from taxes on real property pursuant to section 21 of this Act. Each year thereafter, the county may increase the amount of revenue payable from property taxes by applying the growth and the index factor pursuant to § 10-13-35.".


On page 10, between lines 7 and 8, insert:

"    Section 21. The governing body of the county may, by resolution, impose the increased tax levy provided in § 10-12-13 with an affirmative two-thirds vote of the governing body on or before July fifteenth. The decision of the governing body to impose the increased tax levy shall be published within ten days of the decision and shall be published at least twice in each legal newspaper designated by the county. The decision to increase the tax levy provided in § 10-12-13 shall be referred to a vote of the people for its approval or disapproval.".

    On page 10, line 11, delete "22" and insert "24".

    On page 10, line 13, delete everything after "." and insert "The tax levy imposed pursuant to this section is exempt from the provisions of § 10-13-35, if the township establishes the amount of revenue payable from taxes on real property for purposes authorized by this section pursuant to section 23 of this Act. Each year thereafter, the township may increase the amount of revenue payable from property taxes by applying the growth and the index factor pursuant to § 10-13-35.

    Section 23. The governing body of the township may, by resolution, impose the tax levy provided in section 22 of this Act with an affirmative two-thirds vote of the governing body on or before July fifteenth. The decision of the governing body to impose the tax levy shall be published within ten days of the decision and shall be published at least twice in each legal newspaper designated by the township. The decision to impose the tax levy provided in section 22 of this Act shall be referred to a vote of the people for its approval or disapproval.".


    On page 10, delete line 14.