CODING: Words stricken are deletions; words underlined are additions.





                                                   HOUSE AMENDMENT

                                        Bill No. HB 2433, 1st Eng.

    Amendment No.     (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW

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11  Representative(s) Stansel offered the following:

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13         Amendment (with title amendment) 

14         On page 5, line 19,

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16  insert:

17         Section 1.  Section 196.2002, Florida Statutes, is

18  created to read:

19         196.2002  Exemption for 501(c)(12) Not-for-Profit Water

20  and Wastewater Systems.--Property of any not-for-profit water

21  and wastewater corporation which holds a current exemption

22  from federal income tax under section 501(c)(12) of the

23  Internal Revenue Code, as amended, shall be exempt from ad

24  valorem taxation if the sole or primary function of the

25  corporation is to construct, maintain or operate a water

26  and/or wastewater system in this state.

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

30  And the title is amended as follows:

31         On page 1, line 2,

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    File original & 9 copies    05/01/00
    hbd0001                     03:28 pm         02433-0011-781531




                                                   HOUSE AMENDMENT

                                        Bill No. HB 2433, 1st Eng.

    Amendment No.     (for drafter's use only)





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 5         creating s. 196.2002, F.S., providing an

 6         exemption for not-for-profit water and

 7         wastewater corporations;

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    File original & 9 copies    05/01/00
    hbd0001                     03:28 pm         02433-0011-781531