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90_SB0677sam003
LRB9001431DNmbam01
1 AMENDMENT TO SENATE BILL 677
2 AMENDMENT NO. . Amend Senate Bill 677, AS AMENDED,
3 in Section 5, by replacing paragraph (3) of subsection (a) of
4 Sec. 18-165 with the following:
5 "(3) Auto racing. Any property designed
6 exclusively for the racing of motor vehicles which became
7 subject to property taxation after September 24, 1984 and
8 is located within a county with 225,000 or more but less
9 than 300,000 inhabitants. Such abatement shall not exceed
10 a period of 10 years.".