2201 AMH HARM MATM 466

HB 2201 - H AMD 536

By Representative Harmsworth

NOT ADOPTED 04/12/2017

    On page 2, line 20, after "(4)" insert "Before the authority may use unrestricted tax proceeds to fund the program, the governing board of the authority must submit a proposition to its voters at the next general election for approval of such use of the unrestricted tax proceeds.

    (5)"

    Renumber remaining subsections consecutively and correct any internal references accordingly.

EFFECT:   Requires the governing board of the regional transit authority to obtain voter approval to use unrestricted tax proceeds to fund the credits under the market value adjustment program.

--- END ---