Rep. COOPER proposes the following Amendment No. 3 to H. 3713 (COUNCIL\BBM\10223HTC11):

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

/ SECTION      __.      (A)      Section 12-37-220(B) of the 1976 Code, as last amended by Act 279 of 2010, is further amended by adding an appropriately numbered item at the end to read:

     "( )      Real property leased by a church but only if the leasehold, if owned by the church in fee simple, qualifies for the exemption allowed pursuant to subsection (A)(3) of this section."

B.      Notwithstanding any other effective date provided in this section, this section takes effect upon approval of this act by the Governor and applies for property tax years beginning after 2010. /

Renumber sections to conform.
Amend title to conform.