Rep. Constance A. Howard
Filed: 4/17/2007
 
 

 




 

 		












09500HB3627ham001

LRB095 10069 BDD 34225 a






1

AMENDMENT TO HOUSE BILL 3627 




2
    AMENDMENT NO. ______. Amend House Bill 3627 as follows:

 
3
on page 2, by replacing line 17 with  the following:
4
"Stabilization Fund. On the June 30 that occurs in the third 
5
year after the transfer  to the Charitable Trust Stabilization 
6
Fund, the Treasurer must transfer the amount of $1,000,000 from 
7
the Charitable Trust Stabilization Fund to the General Revenue 
8
Fund. If, on that date, less than $1,000,000 is available for 
9
transfer, then the Treasurer must transfer the remaining 
10
balance of the Charitable Trust Stabilization Fund to the 
11
General Revenue Fund, and on each June 30 thereafter must 
12
transfer any balance in the Charitable Trust Stabilization Fund 
13
to the General Revenue Fund until the aggregate amount of 
14
$1,000,000 has been transferred."; and
 
15
on page 5, immediately below line 4, by inserting the 
16
following:
 
 


 






09500HB3627ham001
- 2 -
LRB095 10069 BDD 34225 a




1
    "Section 20. Permissive application.   The grant program 
2
under this Act
  is permissive and is subject to appropriation by 
3
the General
  Assembly.".