Rep. Chad Hays
Filed: 5/27/2014
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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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