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Amend the bill in section 2 in §208-A by adding after subsection 5 the following:
 
‘6.  Report.    By February 1st, annually, the State Tax Assessor shall submit a report to the joint standing committee of the Legislature having jurisdiction over taxation matters identifying all requests for adjustment of equalized valuation under this section during the previous calendar year, the assessor's determination regarding each request and the amount of any payments made by the Commissioner of Education under subsection 5, paragraph A.’
 
SUMMARY
This amendment adds a requirement that the State Tax Assessor provide an annual report to the joint standing committee of the Legislature having jurisdiction over taxation matters containing information regarding requests for adjustment to equalized valuation.
FISCAL NOTE REQUIRED
(See attached)