Mr. President:
The Government Operations and Political Subdivisions Committee reports a favorable
recommendation on H.B. 102, ASSESSMENT AREA AMENDMENTS, by Representative R.
C. Webb, with the following amendments:
Margaret Dayton
Voting: 5-0-2
1. Page
20, Lines 588 through 594
:
588
(B) for a period of five years, beginning on the day on which the local entity adopts
the
589
initial assessment resolution or ordinance described in Subsection (1)(a)(i)[.];
590
(iii) may not levy an assessment on a residential property for the economic
promotion
591
activities
;
}
.
592
(iv) may not use taxable value as the assessment method; and
593
(v) shall use an assessment method that fairly and equitably reflects the growth
in
594
economic activity received by the benefitted property.
}
Respectfully,
Committee Chair
3 HB0102.SC1.wpd rnorth/RCN VA/JTW 3/4/14 9:26 am
Bill Number
*HB0102*
HB0102