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91_SB0227sam001
LRB9101851NTsbam
1 AMENDMENT TO SENATE BILL 227
2 AMENDMENT NO. . Amend Senate Bill 227 as follows:
3 on page 10, line 21, after the period, by inserting "If
4 subdivision (c) of paragraph (2) of this subsection (c)
5 applies to a school district and the district is located in
6 more than one county, the State Board of Education shall
7 secure from the Department of Revenue the value as equalized
8 or assessed by the Department of Revenue of the taxable
9 property of the district by county."; and
10 on page 12, line 6, by replacing "10%" with "5%"; and
11 on page 12, line 15, by replacing "20%" with "10%"; and
12 on page 12, line 24, by replacing "30%" with "15%"; and
13 on page 12, line 33, by replacing "40%" with "20%"; and
14 on page 13, immediately below line 1, by inserting the
15 following:
16 "(3) The extension of real property taxes for a school
17 district whose real property equalized assessed valuation has
18 been adjusted under subdivision (c) of paragraph (2) of this
19 subsection (G) shall be abated by the county clerk in which
20 the school district is located in the manner provided by this
21 paragraph (3).
-2- LRB9101851NTsbam
1 As soon as possible after the end of calendar year 2000
2 and after the end of each calendar year thereafter, the State
3 Board of Education shall certify to the county clerk of each
4 county in which any part of the school district is located
5 the amount that reflects the difference between the amount of
6 State aid the school district has received during the
7 immediately preceding calendar year, for that part of the
8 district located in the county, and the amount of State aid
9 the school district would have received during the
10 immediately preceding calendar year if the district's real
11 property equalized assessed valuation had not been adjusted
12 as provided under subdivision (c) of paragraph (2) of this
13 subsection (G), for that part of the district located in the
14 county.
15 During the 2001 calendar year and each subsequent
16 calendar year, in extending the real property taxes levied by
17 a school district for educational purposes during the
18 immediately preceding calendar year, the county clerk shall
19 abate each such extension of the district's levy for
20 educational purposes by an amount equal to 100% of the amount
21 that was certified to the county clerk by the State Board of
22 Education under the provisions of this paragraph (3).".