Amendments for SB23-035
Senate Journal, January 27
After consideration on the merits, the Committee recommends that SB23-035 be amended
as follows, and as so amended, be referred to the Committee on Appropriations with
favorable recommendation.
Amend printed bill page 4, line 19, strike "OTHER" and substitute
"COMMERCIAL".
Page 4, line 21, strike "PROJECT" and substitute "PROJECT, AS PERMITTED
IN SUBSECTION (1.5)(b) OF THIS SECTION,".
Page 4, line 22, strike "OTHER" and substitute "COMMERCIAL".
House Journal, March 30
38 SB23-035 be amended as follows, and as so amended, be referred to
39 the Committee on Appropriations with favorable
40 recommendation:
41
42 Amend reengrossed bill, page 5, line 1, after "(2)(d.5)" insert "and
43 (12)(d)".
44
45 Page 6, line 25, strike "AGREEMENT" and substitute "PARTNERSHIP".
46
47 Page 7, after line 12 insert:
48
49 "(d) (I) WITHIN TWO WEEKS OF THE AUTHORITY ACQUIRING AN
50 AFFORDABLE RENTAL HOUSING PROJECT THAT IS TAX EXEMPT PURSUANT
51 TO SUBSECTION (12)(a) OF THIS SECTION OR ENTERING INTO A
52 PUBLIC-PRIVATE PARTNERSHIP THROUGH WHICH THE AFFORDABLE RENTAL
53 HOUSING COMPONENT IS TAX EXEMPT PURSUANT TO SUBSECTION (12)(a)
54 OF THIS SECTION, THE AUTHORITY SHALL PROVIDE NOTICE OF THE
55 ACQUISITION OR OF THE PUBLIC-PRIVATE PARTNERSHIP TO THE COUNTY
56 ASSESSOR IN THE COUNTY IN WHICH THE AFFORDABLE RENTAL HOUSING
1 PROJECT IS LOCATED. THE NOTICE MUST INCLUDE THE PROPERTY ADDRESS,
2 THE ASSESSOR'S PARCEL IDENTIFICATION NUMBER FOR THE PROPERTY, AND
3 THE DATE ON WHICH THE PROPERTY WAS ACQUIRED BY THE AUTHORITY
4 AND BECAME TAX EXEMPT OR THE DATE ON WHICH THE AUTHORITY
5 ENTERED INTO THE PUBLIC-PRIVATE PARTNERSHIP AND THE AFFORDABLE
6 RENTAL HOUSING COMPONENT OF THE PROPERTY BECAME TAX EXEMPT. IF
7 THE AUTHORITY IS PROVIDING NOTICE PURSUANT TO THIS SUBSECTION
8 (12)(d)(I) BECAUSE IT HAS ENTERED INTO A PUBLIC-PRIVATE PARTNERSHIP,
9 THE AUTHORITY SHALL ALSO PROVIDE A COPY OF THE CONTRACT OR
10 AGREEMENT FOR THE PUBLIC-PRIVATE PARTNERSHIP WITH THE NOTICE.
11 (II) ON OR BEFORE JANUARY 15 OF EACH YEAR, THE AUTHORITY
12 SHALL SUBMIT A COMPREHENSIVE LIST OF ALL AFFORDABLE RENTAL
13 HOUSING PROJECTS THAT ARE TAX EXEMPT PURSUANT TO SUBSECTION
14 (12)(a) OF THIS SECTION TO EACH COUNTY ASSESSOR IN THE COUNTIES IN
15 WHICH THE AFFORDABLE RENTAL HOUSING PROJECTS ARE LOCATED. THE
16 LIST MUST INCLUDE FOR EACH AFFORDABLE RENTAL HOUSING PROJECT,
17 THE PROPERTY ADDRESS, THE ASSESSOR'S PARCEL IDENTIFICATION
18 NUMBER FOR THE PROPERTY, AND THE DATE ON WHICH THE PROPERTY WAS
19 ACQUIRED BY THE AUTHORITY AND BECAME TAX EXEMPT OR THE DATE ON
20 WHICH THE AUTHORITY ENTERED INTO THE PUBLIC-PRIVATE PARTNERSHIP
21 AND THE AFFORDABLE RENTAL HOUSING COMPONENT OF THE PROPERTY
22 BECAME TAX EXEMPT.".