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2004 SESSION

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(SB643)

AMENDMENT(S) REJECTED BY THE SENATE

SEN. DEVOLITES

    1. Line 44, substitute, after prescribe.

      insert

        Any county with the urban county executive form of government that adopts such tax by local ordinance must reduce its local real estate property tax revenues by the same amount of revenues generated by such tax, by reducing the property tax rate, for the first year that the food and beverage tax is collected.