View Amendment Current Amendment: 3516R116.KM.ASM.docx to Bill 3516     Senator MASSEY proposed the following amendment (3516R116.KM.ASM):
    Amend the bill, as and if amended, page 33, by striking lines 39-43 and page 34, by striking lines 1-3, and inserting:

/             (i)     The revenue loss resulting from the exemption allowed by this item must be reimbursed and allocated to the political subdivisions of this State, including school districts, in the same manner as the Trust Fund for Tax Relief. In calculating estimated state individual and corporate income tax revenues for a fiscal year, the Board of Economic Advisors shall deduct amounts sufficient to account for the reimbursement required by this item.         /
    Renumber sections to conform.
    Amend title to conform.