Florida Senate - 2011 COMMITTEE AMENDMENT
Bill No. CS for SB 506
Barcode 335582
LEGISLATIVE ACTION
Senate . House
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The Committee on Budget (Bogdanoff) recommended the following:
1 Senate Amendment (with title amendment)
2
3
4 Delete lines 264 - 277
5 and insert:
6 revenue lost cannot be determined; and
7 (c) An estimate of the revenue which would be lost to the
8 county or municipality during the current fiscal year if the
9 exemption applied for were granted had the property for which
10 the exemption is requested otherwise been subject to taxation.;
11 and
12 (d) A determination as to whether the property for which an
13 exemption is requested is to be incorporated into a new business
14 or the expansion of an existing business, as defined in s.
15 196.012(15) or (16), or into neither, which determination the
16 property appraiser shall also affix to the face of the
17 application. Upon the request of the property appraiser, the
18 department shall provide to him or her such information as it
19 may have available to assist in making such determination.
20
21 ================= T I T L E A M E N D M E N T ================
22 And the title is amended as follows:
23 Delete line 16
24 and insert:
25 economic development ad valorem tax exemption;
26 deleting a requirement that the property appraiser
27 determine whether the property is to be incorporated
28 into a new business or the expansion of an existing
29 business, or neither;