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.".