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91_SB0725ham001
LRB9101596PTcdam
1 AMENDMENT TO SENATE BILL 725
2 AMENDMENT NO. . Amend Senate Bill 725 on page 1,
3 line 27, by replacing "The" with the following:
4 "At the beginning of each fiscal period, the Cooperative
5 shall prepare a budget plan for the next fiscal period,
6 including the probable cost of all programs, projects, and
7 contracts. The Cooperative shall submit the proposed budget
8 to the Director for review and comment. The Director may
9 recommend programs and activities considered appropriate for
10 the Cooperative. The Cooperative shall keep minutes, books,
11 and records that clearly reflect all of the acts and
12 transactions of the Cooperative and shall make this
13 information public. The financial books and records of the
14 Cooperative shall be audited by a certified public accountant
15 at least once each fiscal year and at other times as
16 designated by the Director. The expense of the audit shall
17 be the responsibility of the Cooperative. Copies of the
18 audit shall be provided to all members of the Cooperative, to
19 the Department, and to other requesting members of the
20 aquaculture industry."; and
21 on page 1, by deleting lines 28 and 29; and
22 on page 2, by deleting line 1; and
-2- LRB9101596PTcdam
1 on page 64, line 21, by replacing "and (iii)" with "(iii)
2 Illinois State University at Bloomington-Normal, (iv) Western
3 Illinois University at Macomb, and (v)".
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