AMENDMENT FOR PRINTED BILL
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___________________ moved that HB 1154 be amended as follows:

     On page 4, between lines 13 and 14 of the printed bill, insert:

"
     Section 10. There are exempted from the provisions of this Act and from the computation of the amount of tax imposed by it, the gross receipts from the sale, resale, or lease of farm machinery, attachment units, and irrigation equipment which this state is prohibited from taxing under the Constitution or laws of the United States or under the Constitution or laws of the State of South Dakota.

    Section 11. There are exempted from the provisions of this Act and from the computation of the amount of tax imposed by it, the gross receipts from the sale, resale, or lease of farm machinery, attachment units, and irrigation equipment sales to the United States, to the State of South Dakota or to any other state of the United States or the District of Columbia if the other state provides a reciprocal exemption for South Dakota, to public or municipal corporations of the State of South Dakota or of any other state of the United States or the District of Columbia if the other state provides a reciprocal exemption to South Dakota public or municipal corporations, to any nonprofit charitable organization which devotes its resources exclusively to the relief of the poor, distressed, or underprivileged, and has been recognized as an exempt organization under § 501(c)(3) of the Internal Revenue Code as if January 1, 2006, or to any Indian tribe.

     Section 12. The gross receipts from the sale of farm machinery, attachment units, and irrigation equipment to a person who intends to lease the property to any person in this state and actually does so are exempted from the provisions of this Act and the tax imposed by it.".


     On page 4 , line 5, delete " section 13 " .