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





                                                   HOUSE AMENDMENT

    719-110AX-05                                Bill No. CS/HB 395

    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) Patterson offered the following:

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13         Amendment (with directory language amendment) 

14         On page 1, lines 22-26

15  remove from the bill:  all of said lines

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17  and insert in lieu thereof:

18         (20)  For purposes of determining if property is

19  "owned" by an exempt entity, property leased to an exempt

20  entity under a capital lease shall be deemed to be owned by

21  that exempt entity. This subsection shall have no application

22  to determine ownership of property leased by an exempt entity

23  to another person.

24         (21)  A "capital lease" is a lease to an exempt entity

25  which meets at least one of the following criteria:

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28  == D I R E C T O R Y   L A N G U A G E   A M E N D M E N T ==

29  And the directory language is amended as follows:

30         On page 1, line 17

31  remove:  Subsection 20 is

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    File original & 9 copies    04/05/00
    hbd0007                     01:04 pm         00395-0026-340569




                                                   HOUSE AMENDMENT

    719-110AX-05                                Bill No. CS/HB 395

    Amendment No.     (for drafter's use only)





 1  and insert in lieu thereof:  Subsections (20) and (21) are

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    File original & 9 copies    04/05/00
    hbd0007                     01:04 pm         00395-0026-340569