SB609 S FIN AM #1

Hager 7871

The Committee on Finance moved to amend the bill on page four, section six-f, lines thirty-three through thirty-eight, by striking out all of subsection (a), and inserting in lieu thereof a new subsection, designated subsection (a), to read as follows:

(a) Notwithstanding any other provision of code to the contrary, for the 2018 tax year and thereafter, the regular levy rates for county boards of education shall be the sum of the levy rates set forth in subdivisions (1), (2) and (3), section six-c of this article for each class of property, which are: (1) For Class I property, 22.95 cents per $100; (2) for Class II property, 45.9 cents per $100; and (3) for Class III and Class IV property, 91.8 cents per $100: Provided, That, annually, county boards of education may decrease their regular levy rates to no lower than the following rates: (1) For Class I property, 19.4 cents per $100; (2) for Class II property, 38.8 cents per $100; and (3) for Class III and Class IV property, 77.6 cents per $100.

Adopted

Rejected