162C

On page 1, line 12, of the Senate Commerce and Energy Engrossed bill, remove the overstrikes from "tax increment finance"

On page 1, line 12, of the Senate Commerce and Energy Engrossed bill, after "finance" delete "taxing"

On page 1, line 12, of the Senate Commerce and Energy Engrossed bill, after "district." delete " For purposes of this"

On page 1, line 13, of the Senate Commerce and Energy Engrossed bill, after "this " delete "chapter, each political subdivision is considered to be a separate taxing district and the board of county commissioners may apply the formula differently to each of the political subdivisions located within the county."

On page 3, line 6, of the Senate Commerce and Energy Engrossed bill, delete "may " and insert "must "

On page 3, line 19, of the Senate Commerce and Energy Engrossed bill, after "construction." insert "

Any real property receiving the benefit of a discretionary formula prior to July 1, 2022, must continue to be assessed and taxed in the manner provided for in any county or municipal resolution adopted pursuant to this chapter and in effect prior to July 1, 2022, and must continue to be subject to the provisions of §§ 10-12-44, 11-9-20, and 13-13-20. 4. "

On page 3, line 28, of the Senate Commerce and Energy Engrossed bill, after "adopt " delete "all or any part of "

On page 3, line 28, of the Senate Commerce and Energy Engrossed bill, after "that " delete "was:"

On page 3, line 29, of the Senate Commerce and Energy Engrossed bill, delete "(1) Not adopted by the board of county commissioners; or

(2) Not fully " and insert "differs from any formula "

On page 3, line 30, of the Senate Commerce and Energy Engrossed bill, after "commissioners" insert ", provided the formula complies with section 2 of this Act"

On page 4, line 29, of the Senate Commerce and Energy Engrossed bill, remove the overstrikes from ", which aggregate assessed value, on"

On page 4, line 30, of the Senate Commerce and Energy Engrossed bill, remove the overstrikes from "certification to the finance officer, shall constitute"

On page 4, line 30, of the Senate Commerce and Energy Engrossed bill, after "officer, " delete "shall constitute and certify that value to the finance"

On page 4, line 31, of the Senate Commerce and Energy Engrossed bill, delete "officer as " and insert "constitutes "