SF0048H3001

This amendment modifies the business property exemption by clarifying ownership control language and adding a limitation that property owners can claim only one exemption per employer identification number or social security number.

• Changes the exemption language from applying to 'a person' to apply to property 'or subject to the control of the property owner', expanding the scope of who can claim the exemption to include those with control of the property. (Page 2, line 2)
• Adds a restriction limiting property owners to claiming only one exemption for all business property consolidated under a single employer identification number (for business entities) or social security number (for sole proprietorships). (Page 2, line 8)

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