Assembly Amendment to Assembly Bill No. 554 (BDR 20-1654)
Proposed by: Committee on Taxation
Amendment Box:
Amends: Summary: Title: Preamble: Joint Sponsorship:
ASSEMBLY ACTION
Initial and Date | SENATE ACTION Initial and DateAdopted Lost | Adopted Lost
Concurred In Not | Concurred In Not
Receded Not | Receded Not
Amend sec. 2, page 2, by deleting lines 10 through 12 and inserting:
"recreation board, at any time or from time to time
(a) In the name of and on behalf of the county
(a) Issue:] , issue:".
Amend sec. 2, page 2, by deleting line 21 and inserting:
"(b) [Issue revenue bonds payable solely] In the name of and on behalf of the county fair and recreation board, issue revenue bonds:".
Amend sec. 2, page 2, by deleting lines 24 and 25 and inserting:
"(2) Secured by a pledge of revenues from any tax on the rental of transient lodging levied for revenue by the county or a city;".
Amend sec. 2, page 2, line 33, by deleting "majorities" and inserting:
"[majorities] a majority".
Amend sec. 2, page 2, line 34, after "inclusive." by inserting:
"This paragraph does not apply to contracts for the prepayment of rent or other similar obligations.".
Amend the title of the bill, fifth line, after "bonds;" by inserting:
"making various other changes governing obligations of county fair and recreational boards;".