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Amend the bill in section 1 in paragraph A in the first line (page 1, line 4 in L.D.) by striking out the following: "property"
Amend the bill in section 2 in paragraph A-1 in the first line (page 1, line 18 in L.D.) by striking out the following: "property"
Amend the bill by striking out all of section 3.
Amend the bill in section 4 in subsection 2 in the first line (page 2, line 9 in L.D.) by striking out the following: "property"
Amend the bill in section 4 in subsection 2 in the last paragraph in the first line (page 2, line 21 in L.D.) by striking out the following: "property"
Amend the bill in section 4 in subsection 2 in the last paragraph in the 3rd line (page 2, line 23 in L.D.) by striking out the following: "5%" and inserting the following: '6%'
Amend the bill by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively.
 
SUMMARY
This amendment, which is a minority report of the committee, removes the provisions in the bill that change the calculation of rent constituting property taxes and decrease from 6% to 5% the income threshold for purposes of calculation of the property tax fairness credit. This amendment also removes incorrect references to "property tax year."
FISCAL NOTE REQUIRED
(See attached)