HB3627ham001 95TH GENERAL ASSEMBLY

Rep. Constance A. Howard

Filed: 4/17/2007

09500HB3627ham001 LRB095 10069 BDD 34225 a

AMENDMENT TO HOUSE BILL 3627

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

on page 2, by replacing line 17 with the following: "Stabilization Fund. On the June 30 that occurs in the third year after the transfer to the Charitable Trust Stabilization Fund, the Treasurer must transfer the amount of $1,000,000 from the Charitable Trust Stabilization Fund to the General Revenue Fund. If, on that date, less than $1,000,000 is available for transfer, then the Treasurer must transfer the remaining balance of the Charitable Trust Stabilization Fund to the General Revenue Fund, and on each June 30 thereafter must transfer any balance in the Charitable Trust Stabilization Fund to the General Revenue Fund until the aggregate amount of $1,000,000 has been transferred."; and

on page 5, immediately below line 4, by inserting the following:

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