Amendment No. 1228

Senate Amendment to Assembly Bill No. 597 Second Reprint (BDR 34-1574)

Proposed by: Committee on Finance

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 sec. 6, page 5, by deleting line 20 and inserting:

"the maximum rate of tax that it is authorized to impose pursuant to NRS 377B.100;".

Amend sec. 6, page 5, by deleting line 26 and inserting:

"2. The rate of the tax imposed by subsection 1 is the difference between:

(a) The rate of tax that the board of county commissioners of the county has imposed pursuant to NRS 377B.100; and

(b) The maximum rate of tax that the board of county commissioners of the county is authorized to impose pursuant to NRS 377B.100,

but in no event may the rate imposed by subsection 1 exceed one-eighth of 1".

Amend sec. 7, page 5, line 34, after "must be" by inserting "administered,".