Adopted

AMENDMENT NO 1 TO AMENDMENT NO 1 PROPOSED TO

Senate Bill No. 2842

BY: Representative Reynolds

AMEND on lines 463 and 604 by inserting ", or one-tenth (1/10) if the project is also a project as defined in Section   27-31-46," before "of".

AMEND further on lines 497 and 638 by inserting "or one-tenth (1/10) of that amount if the project is also a project as defined in Section 27-31-46" before the period.

AMEND further on lines 498 and 639 by inserting "(a)" before "one-third".

AMEND further on lines 500 and 641 by inserting "or (b) if the project is also a project as defined in Section 27-31-46, one-tenth (1/10) of the total of all ad valorem taxes otherwise payable as annually determined during each year of the fee-in-lieu" before the period.