| 1 | Representative Carroll offered the following: |
| 2 |
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| 3 | Amendment (with title amendment): |
| 4 | Remove lines 69-94 and insert: |
| 5 | department's enabling legislation. Because the Legislature |
| 6 | recognizes that private entities or consortia thereof would |
| 7 | perform a governmental or public purpose or function when they |
| 8 | enter into agreements with the department to design, build, |
| 9 | operate, own, or finance transportation facilities, the |
| 10 | transportation facilities, including leasehold interests |
| 11 | thereof, are exempt from ad valorem taxes as provided in chapter |
| 12 | 196 to the extent property is owned by the state or other |
| 13 | government entity, and from intangible taxes as provided in |
| 14 | chapter 199 and special assessments of the state, any city, |
| 15 | town, county, special district, political subdivision of the |
| 16 | state, or any other governmental entity. The private entities or |
| 17 | consortia thereof are exempt from tax imposed by chapter 201 on |
| 18 | all documents or obligations to pay money which arise out of the |
| 19 | agreements to design, build, operate, own, lease, or finance |
| 20 | transportation facilities. Any private entities or consortia |
| 21 | thereof must pay any applicable corporate taxes as provided in |
| 22 | chapters 220 and 221, and unemployment compensation taxes as |
| 23 | provided in chapter 443, and sales and use tax as provided in |
| 24 | chapter 212 shall be applicable. The private entities or |
| 25 | consortia thereof must also register and collect the tax imposed |
| 26 | by chapter 212 on all their direct sales and leases that are |
| 27 | subject to tax under chapter 212. The agreement between the |
| 28 | private entity or consortia thereof and the department |
| 29 | establishing a transportation facility under this chapter |
| 30 | constitute documentation sufficient to claim any exemption under |
| 31 | this section. |
| 32 |
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| 33 | ----------------------------------------------------- |
| 34 | T I T L E A M E N D M E N T |
| 35 | Remove lines 4-14 and insert: |
| 36 | exempting certain public-private transportation facilities from |
| 37 | certain specified taxes and special assessments; excluding |
| 38 | certain taxes from such exemption; providing an effective date. |