The amendments to this article adopted January 14, 2003, are intended to be declarative of the law as of the enactment thereof and shall be fully retroactive; provided that the elimination of the fifty dollar ($50.00) annual exemption formerly in Section 779.13 shall be effective for all periods ending on and after March 31, 2002, and a proportionate amount of such annual exemption shall be available for taxable quarters ending prior to March 31, 2003.
(Ord. 0-1052. Passed 1-14-03.)