2004 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Mims
Comp. Index - Land Use Value (language only)

Item 146 #7s

Item 146 #7s

Education: Elementary and Secondary
Direct Aid To Public Education

Page 108, after line 42, insert:
"e. It is the intent of the General Assembly that beginning with the 2006-2008 biennium the calculation of the composite index of local ability-to-pay be modified to incorporate within the real property tax value indicator of local wealth the land use assessment value for those properties within a land-use plan pursuant to Article 4 of Chapter 32 of Title 58.1."

(This amendment is self-explanatory.)