The Committee on Finance proposed the following amendment (DG\1119C001.NBD.DG22):

Amend the bill, as and if amended, by striking SECTION 1 and inserting:

/ SECTION1. Section 12-37-220(B)(11) of the 1976 Code, as last amended by Act 68 of 2021, is further amended by adding an appropriately lettered subitem to read:

"( ) all real property owned by a nonprofit educational foundation of a public school district and which is devoted to providing housing for teachers and teacher interns in the school district, so long as the property was exempt from property taxes for at least the previous ten property tax years;" /