SB1936avm001 96TH GENERAL ASSEMBLY

SB1936AVM001 LRB096 10999 HLH 35127 v

MOTION

I move to accept the specific recommendations of the Governor as to Senate Bill 1936 in manner and form as follows:

AMENDMENT TO SENATE BILL 1936

IN ACCEPTANCE OF GOVERNOR'S RECOMMENDATIONS

Amend Senate Bill 1936 on page 3, by replacing lines 11 and 12 with "except that the interest rate on the refunding bonds and the maximum"; and

on page 3, by replacing lines 14 and 15 with "may not be greater than that set forth in the original notice for the refunded bonds. Notwithstanding any provision of this Section to the contrary, the debt service of the refunding bonds issued pursuant to this Section may not exceed the debt service estimated to be paid over the remaining duration of the refunded bonds.".

Date: _________________, 2010 ___________________________