SB0642ham006 96TH GENERAL ASSEMBLY

Rep. Keith Farnham

Filed: 3/24/2010

09600SB0642ham006 LRB096 06697 AMC 39596 a

AMENDMENT TO SENATE BILL 642

AMENDMENT NO. ______. Amend Senate Bill 642 as follows:

in Section 5, Sec. 7, subsec. (c), immediately below the paragraph beginning "The obligation", by inserting the following:

"If the Board of Trustees exercises its power to borrow money under this subsection (c), then, until the debt instruments are no longer outstanding, the Board may not increase tuition for students who initially enroll after the 2009-2010 academic year by more than the percentage increase if any in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the 12 months ending on the previous December 31."; and

in Section 10, Sec. 8, subdivision 13, immediately below the paragraph beginning "The obligation", by inserting the following:

"If the Board exercises its power to borrow money under this item 13, then, until the debt instruments are no longer outstanding, the Board may not increase tuition for students who initially enroll after the 2009-2010 academic year by more than the percentage increase if any in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the 12 months ending on the previous December 31."; and

in Section 15, Sec. 5-45, subdivision (13), immediately below the paragraph beginning "The obligation", by inserting the following:

"If the Board exercises its power to borrow money under this item (13), then, until the debt instruments are no longer outstanding, the Board may not increase tuition for students who initially enroll after the 2009-2010 academic year by more than the percentage increase if any in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the 12 months ending on the previous December 31."; and

in Section 20, Sec. 10-45, subsec. (a), subdivision (12), immediately below the paragraph beginning "The obligation", by inserting the following:

"If the Board exercises its power to borrow money under this item (12), then, until the debt instruments are no longer outstanding, the Board may not increase tuition for students who initially enroll after the 2009-2010 academic year by more than the percentage increase if any in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the 12 months ending on the previous December 31."; and

in Section 25, Sec. 15-45, subdivision (13), immediately below the paragraph beginning "The obligation", by inserting the following:

"If the Board exercises its power to borrow money under this item (13), then, until the debt instruments are no longer outstanding, the Board may not increase tuition for students who initially enroll after the 2009-2010 academic year by more than the percentage increase if any in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the 12 months ending on the previous December 31."; and

in Section 30, Sec. 20-45, subdivision (14), immediately below the paragraph beginning "The obligation", by inserting the following:

"If the Board exercises its power to borrow money under this item (14), then, until the debt instruments are no longer outstanding, the Board may not increase tuition for students who initially enroll after the 2009-2010 academic year by more than the percentage increase if any in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the 12 months ending on the previous December 31."; and

in Section 33, Sec. 25-45, subdivision (13), immediately below the paragraph beginning "The obligation", by inserting the following:

"If the Board exercises its power to borrow money under this item (13), then, until the debt instruments are no longer outstanding, the Board may not increase tuition for students who initially enroll after the 2009-2010 academic year by more than the percentage increase if any in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the 12 months ending on the previous December 31."; and

in Section 35, Sec. 30-45, subdivision (14), immediately below the paragraph beginning "The obligation", by inserting the following:

"If the Board exercises its power to borrow money under this item (14), then, until the debt instruments are no longer outstanding, the Board may not increase tuition for students who initially enroll after the 2009-2010 academic year by more than the percentage increase if any in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the 12 months ending on the previous December 31."; and

in Section 40, Sec. 35-45, subdivision (13), immediately below the paragraph beginning "The obligation", by inserting the following:

"If the Board exercises its power to borrow money under this item (13), then, until the debt instruments are no longer outstanding, the Board may not increase tuition for students who initially enroll after the 2009-2010 academic year by more than the percentage increase if any in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the 12 months ending on the previous December 31.".