SENATE AMENDMENT

    Bill No. CS for SB 1450

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
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11  Senator Rossin moved the following amendment:

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13         Senate Amendment (with title amendment) 

14         On page 3, between lines 14 and 15,

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16  insert:

17         (15)  If a bank or savings association, as defined by

18  s. 220.62, acts as a fiduciary or agent of a trust other than

19  as a trustee, intangible personal property of the trust shall

20  not have taxable situs in this state pursuant to s. 199.175

21  solely by virtue of the management or control of the bank or

22  savings association.

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25  ================ T I T L E   A M E N D M E N T ===============

26  And the title is amended as follows:

27         On page 1, line 11, after the semicolon,

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29  insert:

30         providing that certain property does not

31         acquire tax situs in this state;

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    11:52 AM   04/06/98                             s1450c1c-35m0a