S.B. 70
         LIMITING REDEVELOPMENT AGENCY TAX INCREMENT FROM SCHOOL DISTRICTS

Senate Committee Amendments

Amendment 2 February 13, 2001 8:46 am



Senator Stephenson proposes the following amendments:

1.    Page 1, Line 1:    Delete "LIMITING"

2.    Page 1, Line 7:    After " agencies to" delete " allow" and insert:

        " require school representatives on the taxing agency committee to report their votes in support of tax increment."

3.    Page 1, Lines 8-11:    Delete lines 8 through 11

4.    Page 1, Lines 26-27:    Reverse amendments on lines 26 and 27

5.    Page 2, Lines 28-43:    Reverse amendments on lines 28 through 43

6.    Page 3, Line 66:    After line 66 insert:

        "(d) Each time a school district representative or a State School Board representative votes as a member of a taxing agency committee to allow an agency to be paid tax increment or to increase the amount or length of time that an agency may be paid tax increment, that representative shall, within 45 days after the vote, provide to the representative's respective school board an explanation in writing of the representative's vote and the reasons for the vote."