The Committee on Finance proposed the following amendment (DG\545C001.NBD.DG20):

Amend the bill, as and if amended, by striking all after the enacting words and inserting:

/ SECTION 1. Section 12-39-70 of the 1976 Code is amended to read:

" Section 12-39-70.For the purpose of appraising and assessing personal property of businesses and other entities under the jurisdiction of the county auditor, the county auditor must use the department's Form PT-100 and shall follow the classification of the most recent North American Industry Classification System Manual, as follows:

(1) Sector 11, subsectors 111, 112, 113, 114, and 115, unless exempt;

(2) Sector 52, subsectors 522, 523, 524, and 525; Sector 53, subsectors 531 and 533; and Sector 55, subsector 551, unless exempt;

(3) Sector 51, subsector 512; Sector 54, subsector 541; Sector 61, subsector 611; Sector 62, subsectors 621, 622, 623, and 624; Sector 71, subsector 712; Sector 72, subsector 721; and Sector 81, subsectors 813 and 814, unless exempt."

SECTION2. This act takes effect upon approval by the Governor and applies to property tax returns due after December 31, 2020. /