| 1 | Representative(s) Cannon offered the following: |
| 2 |
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| 3 | Amendment (with title amendment) |
| 4 | Remove line(s) 684-688 and insert: |
| 5 | (7) On or before June 25, 2007, the executive director of |
| 6 | the Department of Revenue shall notify each property appraiser |
| 7 | and the chair of the governing body of each county and |
| 8 | municipality of the amount of the tax levies that will be used |
| 9 | to calculate each jurisdiction's compound annual growth rate as |
| 10 | determined in this subsection. On or before July 2, 2007, each |
| 11 | property appraiser and the chair of each such governing body, or |
| 12 | their designee, shall report to the executive director whether |
| 13 | the information that was provided is correct and, if incorrect, |
| 14 | provide corrected information along with the basis for any |
| 15 | correction. The Governor may consider failure to report as |
| 16 | required in this subsection as sufficient grounds to constitute |
| 17 | malfeasance or neglect of duty by any person required to report |
| 18 | under this subsection. On or before July 13, 2007, the executive |
| 19 | director of the Department of Revenue, after consultation with |
| 20 | the Revenue Estimating Conference, shall determine and publish |
| 21 | on the Department of Revenue's website the compound annual |
| 22 | growth |
| 23 |
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| 24 | ======= T I T L E A M E N D M E N T ======= |
| 25 | Between lines 45 and 46, insert: |
| 26 | requiring the Department of Revenue to notify property |
| 27 | appraisers and county and municipal governing bodies of tax |
| 28 | levies used to calculate certain compound annual growth rates; |
| 29 | specifying reporting duties of property appraisers and governing |
| 30 | bodies; authorizing the Governor to consider reporting failures |
| 31 | as grounds constituting malfeasance or neglect of duty; |