S.B. No. 1295
3-1 COMMITTEE AMENDMENT NO. 1
3-2 Amend Senate Bill 1295 as follows:
3-3 (1) On page 1, line 23, after "made." strike the following
3-4 new language:
3-5 "However, if a taxpayer receiving a refund under this section
3-6 shows that is was necessary to borrow the protested amount of taxes
3-7 paid, the taxpayer is entitled to recover the amount of actual
3-8 interest paid, but no more than nine percent, calculated from the
3-9 delinquency date for the taxes until the date the refund is made."
3-10 Horn