Amend HB 1448 as follows:
            (1)  On page 1, line 23, between "value of" and
"tangible personal property", insert "property subject to ad
valorem taxation, including the leasehold interest, improvements,
or".
            (2)  On page 2, strike lines 5 and 6, and substitute
"taxable real property or leasehold interests or improvements on
tax-exempt real property may provide for the exemption of such
taxable interests <the real property> in each year covered by the
agreement only to the extent".
            (3)  On page 2, strike line 14, and substitute
"including <and other than> inventory and <or> supplies.  In a
municipality that has a".
            (4)  On page 3, line 10, between "real property" and
"that is located", insert "or leasehold interests or improvements
on tax-exempt real property".
            (5)  On page 3, line 12, between "tangible personal
property" and "located on", insert "or leasehold interests or
improvements on tax-exempt real property".