2021 - 2022 LEGISLATURE
SENATE AMENDMENT 1,
TO SENATE BILL 630
December 1, 2021 - Offered by Senator Feyen.
32. Page 2, line 14
: after “assessor.
" insert “For purposes of this subsection,
4“actual or market rent” means the most probable rent that a property should bring
5in a competitive and open market reflecting all conditions and restrictions of the
6lease agreement, including permitted uses, use restrictions, expense obligations,
7term, concessions, renewal and purchase options, and tenant improvements.