CODING: Words stricken are deletions; words underlined are additions.



                                                   HOUSE AMENDMENT

                                                  Bill No. HB 2027

    Amendment No. 1 (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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  5                                           ORIGINAL STAMP BELOW

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11  Representative(s) Wallace offered the following:

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13         Amendment (with title amendment) 

14         On page 4, between lines 4, and 5,

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16  insert:

17         Section 2.  Legislative Findings:  Over the years the

18  Legislature has passed numerous exemptions from the sales and

19  use tax.  Since the priorities of the state can change over

20  time, and the House and Senate have undertaken no

21  comprehensive review of the exemptions, the Legislature finds

22  that it is in the best interest of the state to have such a

23  review.  The Sales Tax Exemption Review Commission is created

24  to provide this needed review of the sales and use tax

25  exemptions in chapter 212.  This review will allow the

26  Legislature to examine the purpose and effects of all sales

27  and use tax exemptions to ensure that each exemption fulfills

28  an important state interest.  This review will identify

29  exemptions that no longer concur with the present interests of

30  the state and provide the Legislature with a recommendation of

31  which exemptions should be repealed.

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    File original & 9 copies    03/20/02
    hft0006                     09:05 am         02027-0047-150833




                                                   HOUSE AMENDMENT

                                                  Bill No. HB 2027

    Amendment No. 1 (for drafter's use only)





  1  ================ T I T L E   A M E N D M E N T ===============

  2  And the title is amended as follows:

  3         On page 1, line 7, after the semicolon,

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  5  insert:

  6         providing legislative findings;

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    File original & 9 copies    03/20/02
    hft0006                     09:05 am         02027-0047-150833