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2021 - 2022 LEGISLATURE
ASSEMBLY AMENDMENT 1,
TO ASSEMBLY BILL 610
October 15, 2021 - Offered by Representative Brooks.
AB610-AA1,1,11 At the locations indicated, amend the bill as follows:
AB610-AA1,1,2 21. Page 2, line 10: after “property;" insert “actual or market rent;".
AB610-AA1,1,7 32. Page 2, line 14: after “assessor." insert “For purposes of this subsection,
4“actual or market rent” means the most probable rent that a property should bring
5in a competitive and open market reflecting all conditions and restrictions of the
6lease agreement, including permitted uses, use restrictions, expense obligations,
7term, concessions, renewal and purchase options, and tenant improvements.
".
AB610-AA1,1,8 83. Page 2, line 19: delete lines 19 and 20.
AB610-AA1,1,9 94. Page 3, line 1: delete “projected rents and other".
AB610-AA1,1,10 105. Page 3, line 5: delete lines 5 to 10.
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