HB 241-MUNICIPAL PROPERTY TAX EXEMPTION Number 1500 CHAIR WEYHRAUCH announced that the next order of business was HOUSE BILL NO. 241, "An Act relating to optional exemptions from municipal property taxes on residential property." CHAIR WEYHRAUCH reminded the committee members that before them was the committee substitute (CS) for HB 241, Version 23- LS0851\D, Cook, 1/22/04. Number 1521 REPRESENTATIVE SEATON moved Amendment 1 [to HB 241. Amendment 1 was taken up and clarified in the next meeting]. CHAIR WEYHRAUCH announced that [HB 241] was heard and held.