View Amendment Current Amendment: 75C002.BBM.DG17.docx to Bill 75     The Committee on Finance proposed the following amendment (DG\75C002.BBM.DG17):
    Amend the bill, and if amended, by striking SECTION 1 and inserting:

/     SECTION     1.     Section 12-43-220(c)(2) of the 1976 Code is amended by adding a subsubitem at the end to read:

    "(ix)     If an owner who is entitled to the special assessment ratio for owner-occupied residential property allowed pursuant to this item (c), becomes a patient at a nursing home or a community residential care facility, then the owner retains the four percent assessment ratio and applicable exemptions for as long as the owner remains in the home or facility so long as the owner otherwise qualifies, has an intention of returning to the property, and the property is not rented in excess of the amount allowed by this subitem (c)(2). For purposes of this subsubitem, nursing home and community residential care facility have the same meaning as provided in Section 44-7-130."         /

    Renumber sections to conform.
    Amend title to conform.