To give effect to the proposals made in the Budget Speech for the year 2003-04, it is considered necessary to amend the Karnataka Stamp Act, 1957, the Karnataka Municipalities Act, 1964, the Karnataka Municipal Corporations Act, 1976 and the Karnataka Panchayat Raj Act, 1993. Hence the Bill. [LA Bill No. 8 of 2003] (Entries 5 and 63 of List-II of the Seventh Schedule to the Constitution of India)