Rep. MUNNERLYN proposes the following Amendment No. 1 to H. 4033 (COUNCIL\NBD\12495DG12):

Reference is to Printer's Date 5/16/12-H.

Amend the bill, as and if amended, by adding an appropriately numbered SECTION to read:

/            SECTION      __.      Section 4-10-310 of the 1976 Code is amended to read:

     "Section 4-10-310.(A)      Subject to the requirements of this article, the county governing body may impose a one percent sales and use tax by ordinance, subject to a referendum, within the county area for a specific purpose or purposes and for a limited amount of time. The revenues collected pursuant to this article may be used to defray debt service on bonds issued to pay for projects authorized in this article. However, at no time may any portion of the county area be subject to more than one percent sales tax levied pursuant to this article, pursuant to Chapter 37, Title 4, or pursuant to any local law enacted by the General Assembly.
     (B)      The limitation of no more than one percent sales tax set forth in subsection (A) does not apply to a county area which is currently subject to a sales and use tax for school districts pursuant to a local law. An ordinance imposing a one percent sales and use tax in a county area pursuant to this article, which is currently subject to a special sales and use tax for school districts pursuant to a local law, shall only include highway, road, street, bridge, and related facility projects." /

Renumber sections to conform.
Amend title to conform.