Text: S03034                            Text: S03036
Text: S03000 - S03099                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index



Senate Amendment 3035

Amendment Text

PAG LIN
  1  1    Amend Senate File 66 as follows:
  1  2    #1.  Page 1, by inserting before line 1 the
  1  3 following:
  1  4    "Section 1.  SAVINGS ACCOUNT FUND APPROPRIATION.
  1  5 There is appropriated from the general fund of the
  1  6 state to the department of education for the fiscal
  1  7 year beginning July 1, 2001, and ending June 30, 2002,
  1  8 the following amount, or so much thereof as is
  1  9 necessary, to be used for the purpose designated:
  1 10    For deposit in the teacher compensation reform and
  1 11 student achievement savings account fund created in
  1 12 section 8.57B:  
  1 13 .................................................. $ 42,000,000
  1 14    Notwithstanding section 8.33, moneys appropriated
  1 15 in this section shall not revert at the close of the
  1 16 fiscal year."
  1 17    #2.  Page 1, line 6, by inserting after the word
  1 18 "limitation." the following:  "The governor's budget
  1 19 transmitted in accordance with section 8.21 shall
  1 20 incorporate all other funds affecting directly or
  1 21 indirectly the condition of the general fund of the
  1 22 state, including but not limited to the funds created
  1 23 in sections 8.55, 8.56, 8.57, 8.57A, and 8.57B."
  1 24    #3.  Page 1, by inserting after line 16, the
  1 25 following:
  1 26    "Sec.    .  NEW SECTION.  8.57B  TEACHER
  1 27 COMPENSATION REFORM AND STUDENT ACHIEVEMENT SAVINGS
  1 28 ACCOUNT FUND.
  1 29    1.  A teacher compensation reform and student
  1 30 achievement savings account fund is created as a
  1 31 separate and distinct fund in the state treasury under
  1 32 the control of the department of education.  Moneys in
  1 33 the fund in a fiscal year shall be used as directed by
  1 34 the general assembly for teacher compensation reform
  1 35 and student achievement activities approved by the
  1 36 Seventy-ninth General Assembly, First Regular Session,
  1 37 or by future general assemblies.
  1 38    2.  Revenue for the teacher compensation reform and
  1 39 student achievement savings account fund shall be
  1 40 deposited with the treasurer of state and credited to
  1 41 the fund and shall include, but is not limited to,
  1 42 moneys in the form of a devise, gift, bequest,
  1 43 donation, federal or other grant, reimbursement,
  1 44 repayment, judgment, transfer, payment, or
  1 45 appropriation from any source intended to be used for
  1 46 the purposes of the fund.
  1 47    3.  Notwithstanding section 8.33, moneys
  1 48 appropriated for deposit in the teacher compensation
  1 49 reform and student achievement savings account fund
  1 50 shall not revert but shall remain available for
  2  1 expenditure as directed by the general assembly in
  2  2 appropriations made from the fund."
  2  3    #4.  Title page, line 4, by inserting after the
  2  4 word "assembly" the following:  "and making an
  2  5 appropriation".  
  2  6 
  2  7 
  2  8                               
  2  9 PATRICIA HARPER
  2 10 SF 66.310 79
  2 11 jp/cf
     

Text: S03034                            Text: S03036
Text: S03000 - S03099                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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