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Amend the bill in section 1 in paragraph C in the 2nd line from the end (page 1, line 30 in L.D.) by striking out the following: "90%" and inserting the following: '95%'
Amend the bill by inserting after section 2 the following:
‘Sec. 3. Appropriations and allocations. The following appropriations and allocations are made.
 
SECRETARY OF STATE, DEPARTMENT OF
 
Municipal Excise Tax Reimbursement Fund 0871
 
Initiative: Deallocates funds by changing the method by which municipalities are reimbursed through the Municipal Excise Tax Reimbursement Fund.

OTHER SPECIAL REVENUE FUNDS	2011-12	2012-13	
All Other	($47,402)	($63,203)	
			
OTHER SPECIAL REVENUE FUNDS TOTAL	($47,402)	($63,203)	
 
’
 
SUMMARY
This amendment changes the percentage on which the excise tax is to be based from 90% of the manufacturer's suggested retail price for the motor vehicle to 95% of the manufacturer's suggested retail price. The amendment also adds an appropriations and allocations section.
FISCAL NOTE REQUIRED
(See attached)