Amend HB 1689 as follows: (1) On page 1, between lines 22-23, insert the following and reletter the subsequent subsections accordingly: "(b) An exemption under this section may not be granted unless the exemption is adopted either: (1) by the governing body of the taxing unit; or (2) by a favorable vote of a majority of the qualified voters of the taxing unit at an election called by the governing body of a taxing unit, and the governing body shall call the election on the petition of at least 20 percent of the number of qualified voters who voted in the preceeding election of the taxing unit." (2) On page 1, line 23, strike "A" and substitute the following: "If approved under subsection (b), a"