LRBa1642/1
JK:jld:nwn
2007 - 2008 LEGISLATURE
ASSEMBLY AMENDMENT 2,
TO 2007 SENATE BILL 403
March 11, 2008 - Offered by Representatives Vukmir, Lothian, Strachota,
LeMahieu and Gunderson.
SB403-AA2,1,11
53. Page 2, line 16: after "property." insert "
Leasing a part of residential
6property does not render it taxable if the lessor uses the leasehold income for
7maintenance, capital replacements, insurance premiums, debt retirement, moneys
8reserved for housing project-related purposes, general and administrative expenses,
9social services and other resident services provided at a housing project, utilities,
10financing costs, other expenditures related to preserving or managing a housing
11project, or other similar housing project-related expenditures.".
SB403-AA2,2,2
14. Page 3, line 4: delete the material beginning with that line and ending with
2page 7, line 5, as affected by senate amendment 1.
/2007/related/amendments/sb403/aa2_sb403
true
amends
/2007/related/amendments/sb403/aa2_sb403
amends/2007/REG/SB403-AA2
amends/2007/REG/SB403-AA2
section
true