Amendment No. 446

 

Assembly Amendment to Assembly Bill No. 442                                                                (BDR 32‑783)

Proposed by: Committee on Taxation

Amendment Box:

Resolves Conflicts with: N/A

Amends:         Summary:               Title:               Preamble:               Joint Sponsorship:

 

ASSEMBLY ACTION              Initial and Date              |SENATE ACTION                        Initial and Date

       Adopted       Lost                                               |          Adopted       Lost                                           

Concurred In                     Not                                                        |Concurred In  Not                                 

       Receded        Not                                               |         Receded        Not                                           

 

     Amend sec. 3, page 2, by deleting line 10 and inserting:

the appurtenant land increased in one or more of the last assessments at such a”.

     Amend sec. 3, page 2, by deleting line 14 and inserting:

increased in one or more of the last assessments at such a rate as to create a severe”.

     Amend sec. 3, page 2, by deleting line 18 and inserting:

property taxes assessed as a result of one or more of the last assessments in which”.

     Amend sec. 3, page 2, by deleting lines 22 through 24 and inserting:

other purchasers who are exempt from property taxes.”.

     Amend sec. 4, page 3, by deleting lines 21 through 26 and inserting:

     3.  The county assessor shall grant the abatement if he determines that the facts in his possession indicate to him that the value of the land appurtenant to a single family dwelling has increased at a rate that has created a severe economic hardship for the applicant. Such a decision is in the sole discretion of the county assessor.

     4.  If the county assessor denies an application, he shall send to the applicant a written notice of his determination within 10 days after the determination is made.”.