FORTY-SEVENTH LEGISLATURE

SECOND SESSION, 2006

February 6, 2006

Mr. Speaker:

    Your TAXATION AND REVENUE COMMITTEE, to whom has been referred

HOUSE BILL 473

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

     1. On page 10, line 21, strike "--EXEMPTION".

     2. On page 10, strike lines 22 and 23 in their entirety and on line 24, strike "B.".

     3. On page 17, line 20, strike "detain" and insert in lieu thereof "retain".

     4. On page 24, line 4, strike "thirty" and insert in lieu thereof "twenty" and after "issuance" insert "if secured by revenue from the county or municipal regional spaceport gross receipts tax or thirty years if secured by revenue from other sources".