HB1208sam001 102ND GENERAL ASSEMBLY

Sen. Bill Cunningham

Filed: 3/18/2022

10200HB1208sam001 LRB102 03224 SPS 37707 a

AMENDMENT TO HOUSE BILL 1208

AMENDMENT NO. ______. Amend House Bill 1208 on page 6, by replacing lines 17 through 23 with the following:

"Notwithstanding any other provision of law, in addition to any other transfers that may be provided by law, on the effective date of this amendatory Act of the 102nd General Assembly, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the remaining balance from the Self-Insurers Administration Fund into the Self-Insurers Security Fund. Upon completion of the transfers, the Self-Insurers Administration Fund is dissolved, and any future deposits due to the Self-Insurers Administration Fund and any outstanding obligations or liabilities of the Self-Insurers Administration Fund pass to the Self-Insurers Security Fund.".