S.B.
3
APPROPRIATIONS ACT II
Senate Floor
Amendments
Amendment 12 March 3, 1999 1:56 PM
Senator _________________________ proposes the following amendments:
1. Page 2, Line 42: After "governments within the" delete "Utah Transit Authority district" and insert "light rail service area"
2. Page 2, Line 43: After "costs" insert ", such operating costs being covered by at least the Salt Lake City portion of the 1/64th sales tax previously dedicated by Section 59-12-103 of the Utah Code, which would exceed $10 million over the 12 year period FY 2000-2011. The balance of the local share would be dedicated by capturing the enhanced local revenue generated by the construction of the rail system, including increased sales and city property taxes, which is estimated to be in excess of $15 million from the period 1999-2001. This revenue would be captured by creating a Special Transit District or other appropriate means"
3. Page 2, Line 44: At the beginning of line 44 insert "these" and after "funds" insert "as well as others" and after "insufficient, that" insert "by or"