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Rep. Chad Hays
Filed: 5/27/2014
| | 09800SB3259ham003 | | LRB098 19492 HLH 60263 a |
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| 1 | | AMENDMENT TO SENATE BILL 3259
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| 2 | | AMENDMENT NO. ______. Amend Senate Bill 3259 on page 1, by |
| 3 | | replacing lines 13 and 14 with the following:
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| 4 | | "lesser of (i) its modified equalized assessed value or (ii) 33 |
| 5 | | 1/3% of its fair cash value or, in the case of property located |
| 6 | | in a county that classifies property for purposes of taxation |
| 7 | | in accordance with Section 4 of Article IX of the Constitution, |
| 8 | | the percentage of fair cash value as required by county |
| 9 | | ordinance. The method of valuation under this".
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