Amendment No. 618

Assembly Amendment to Assembly Bill No. 562 (BDR 32-1349)

Proposed by: Committee on Taxation

Amendment Box:

Resolves Conflicts with: N/A

Amends: Summary: Title: Preamble: Joint Sponsorship:

ASSEMBLY ACTION Initial and Date | SENATE ACTION Initial and Date

Adopted Lost | Adopted Lost

Concurred In Not | Concurred In Not

Receded Not | Receded Not

Amend section 1, page 1, by deleting lines 3 through 9 and inserting:

"1. The personal property of an employer who provides free child care for the children of his employees at an on-site child care facility, not to exceed the amount of $3,500,000 of assessed valuation, is exempt from taxation.

2. An employer must file his".

Amend section 1, page 2, by deleting lines 2 and 3 and inserting:

"making a claim pursuant to this section.

4. As used in this section, "on-site child care facility" has the meaning ascribed to it in NRS 432A.0275.".

Amend the title of the bill to read as follows:

"AN ACT relating to property tax; providing an exemption from personal property tax for an employer who provides free on-site child care for his employees; and providing other matters properly relating thereto.".

Amend the summary of the bill to read as follows:

"SUMMARY—Provides exemption from personal property tax for employer who provides free on-site child care for employees. (BDR 32-1349)".