COMMITTEE ON FINANCE
SENATE AMENDMENTS TO H.B. 2535
(Reference to House engrossed bill)
Page 3, line 7, strike "substantially" insert "independently"
Line 8, after the first "property" strike remainder of line
Strike lines 9 and 10, insert ", other than attachment for any of the following purposes:"
Strike lines 18 through 22, insert:
"(iv) STABILIZING OR PROTECTING THE MACHINERY, EQUIPMENT OR OTHER TANGIBLE PERSONAL PROPERTY DURING OPERATION BY BOLTING, BURYING OR PERFORMING OTHER SIMILAR NON-PERMANENT CONNECTIONS TO EITHER REAL PROPERTY OR REAL PROPERTY IMPROVEMENTS."
Line 23, after "following" insert a colon and strike remainder of line
Strike lines 24 and 25
Between lines 30 and 31, insert:
"(c) NOTWITHSTANDING subdivision b, items one, two and three of this paragraph, PERMANENT ATTACHMENT SHALL BE DETERMINED WITHOUT REGARD TO THE SIZE OR USEFUL LIFE OF THE MACHINERY, EQUIPMENT OR OTHER TANGIBLE PERSONAL PROPERTY, AND SHALL NOT INCLUDE ANY ACTIVITY PERFORMED ON OR WITH RESPECT TO MACHINERY, EQUIPMENT OR OTHER TANGIBLE PERSONAL PROPERTY WITH INDEPENDENT FUNCTIONAL UTILITY.”
Page 13, line 40, strike "machinery, equipment or other tangible personal property" insert "income producing capital equipment"
Page 14, line 1, after the second "the" strike remainder of line
Line 2, strike "tangible personal property"; insert "income producing capital equipment"
Lines 7 and 8, strike "machinery, equipment or other tangible personal property" insert "income producing capital equipment"
Line 11, strike "machinery, equipment or other tangible personal property" insert "income producing capital equipment"
Line 14, after "42-5075" insert ", subsection b, paragraph"
Page 15, line 34, strike "1996" insert "1997"
Line 37, strike "1996" insert "1997"
Line 40, after "revenue" insert "or the appropriate city of town"
Amend title to conform