SENATE BILL NO. 210 "An Act relating to the community revenue sharing program; changing the name of the community revenue sharing program to the community assistance program; and relating to the municipal property tax exemption on the residence of a senior, a disabled veteran, and a widow or widower of a senior or disabled veteran." Vice-Chair Micciche moved to adopt the incorrect bill version. 2:11:58 PM AT EASE 2:12:12 PM RECONVENED Vice-Chair Micciche withdrew his motion. 2:12:20 PM Vice-Chair Micciche MOVED to report CSSB 210(FIN) out of Committee with individual recommendations and the accompanying fiscal note. 2:12:35 PM Vice-Chair Micciche OBJECTED for DISCUSSION. Vice-Chair Micciche commented on his struggle with the new formula as it related to the distribution of funds between communities. He felt that some communities would receive more revenue than others, he announced his intention to improve the formula. 2:13:28 PM Co-Chair MacKinnon asked whether it was the percentage of dropping from a $60 million program, down to a $30 million program. 2:13:35 PM Vice-Chair Micciche replied that his concern was not associated with the drop, it asserted that it was the difference between the status quo distribution of the $38.2 million, and the distribution of the funds under SB 210. 2:13:48 PM AT EASE 2:14:11 PM RECONVENED Vice-Chair Micciche WITHDREW the OBJECTION. There being NO further OBJECTION, it was so ordered. CSSB 210(FIN) was REPORTED out of committee with a "do pass" recommendation and with one new zero fiscal note from the Senate Finance Committee for the Department of Commerce, Community and Economic Development.