CODING: Words stricken are deletions; words underlined are additions.
                                                   HOUSE AMENDMENT
                                                  Bill No. HB 2403
    Amendment No.     (for drafter's use only)
                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW
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11  The Committee on General Government Appropriations offered the
12  following:
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14         Amendment (with title amendment) 
15         On page 54, lines 9-14,
16  remove from the bill:  all of said lines
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18  and insert in lieu thereof:
19         (g)  For properties acquired after January 1, 2000, in
20  the event that such properties otherwise eligible for payment
21  in lieu of taxes under this subsection are leased or reserved
22  and remain subject to ad valorem taxes, then payments in lieu
23  of taxes shall commence or recommence upon the expiration or
24  termination of the lease or reservation but in no event shall
25  there be more than a total of ten annual payments in lieu of
26  taxes for each tax loss.  If the lease is terminated for only
27  a portion of the lands at any time, the ten annual payments
28  shall be made for that portion only commencing the year after
29  such termination, without limiting the requirement that ten
30  annual payments shall be made on the remaining portion or
31  portions of the land as the lease on each shall expire.
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    File original & 9 copies    04/26/00
    hap0019                     03:48 pm         02403-gg  -784833
                                                   HOUSE AMENDMENT
                                                  Bill No. HB 2403
    Amendment No.     (for drafter's use only)
 1  ================ T I T L E   A M E N D M E N T ===============
 2  And the title is amended as follows:
 3         On page 4, lines 3-4,
 4  remove from the title of the bill:  all of said lines
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    File original & 9 copies    04/26/00
    hap0019                     03:48 pm         02403-gg  -784833