2002-04-22                     Senate Journal                      Page 2889
Page 1, line 12, through page 2, line 3:                                                            
     Delete all material.                                                                           
     Insert "or exemption authorized by this subsection [SECTION]                               
     may not, [EXCEED THE ASSESSED VALUE OF $10,000] for                                        
     any one residence, exceed the greater of the"                                              
                                                                                                    
Page 2, lines 14 - 16:                                                                              
     Delete "A municipality with a level of total bonded indebtedness                               
     that equals or exceeds $15,000 multiplied by the number of                                     
     residents in the municipality may not grant an exemption under                                 
     this subsection."                                                                              
                                                                                                    
Senator Olson moved for the adoption of Amendment No. 1. Senator                                    
Donley objected.                                                                                    
                                                                                                    
The question being: "Shall Amendment No. 1 be adopted?" The roll                                    
was taken with the following result:                                                                
                                                                                                    
CSSB 4(RLS)                                                                                         
Second Reading                                                                                      
Amendment No. 1                                                                                     
                                                                                                    
YEAS:  7   NAYS:  13   EXCUSED:  0   ABSENT:  0                                                   
                                                                                                    
Yeas:  Davis, Ellis, Elton, Hoffman, Lincoln, Olson, Torgerson                                      
                                                                                                    
Nays:  Austerman, Cowdery, Donley, Green, Halford, Kelly, Leman,                                    
Phillips, Stevens, Taylor, Therriault, Ward, Wilken                                                 
                                                                                                    
and so, Amendment No. 1 failed.                                                                     
                                                                                                    
Senator Olson offered Amendment No. 2 :                                                              
                                                                                                    
Page 2, lines 14 - 16:                                                                              
     Delete "A municipality with a level of total bonded indebtedness                               
     that equals or exceeds $15,000 multiplied by the number of                                     
     residents in the municipality may not grant an exemption under                                 
     this subsection."                                                                              
                                                                                                    
Senator Olson moved for the adoption of Amendment No. 2.                                            
Objections were heard.