Text: S03516                            Text: S03518
Text: S03500 - S03599                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index



Senate Amendment 3517

Amendment Text

PAG LIN
  1  1    Amend the amendment, S-3384, to House File 687, as
  1  2 passed by the House, as follows:
  1  3    #1.  Page 1, by inserting after line 2 the
  1  4 following:
  1  5    "#   .  Page 1, by inserting before line 1 the
  1  6 following:
  1  7    "Section 1.  SAVINGS ACCOUNT FUND APPROPRIATION.
  1  8 There is appropriated from the general fund of the
  1  9 state to the department of education for the fiscal
  1 10 year beginning July 1, 2000, and ending June 30, 2001,
  1 11 the following amount, or so much thereof as is
  1 12 necessary, to be used for the purpose designated:
  1 13    For deposit in the teacher compensation reform and
  1 14 student achievement savings account fund created in
  1 15 section 8.57B:  
  1 16 .................................................. $ 42,000,000
  1 17    Notwithstanding section 8.33, moneys appropriated
  1 18 in this section shall not revert at the close of the
  1 19 fiscal year.""
  1 20    #2.  Page 1, line 11, by inserting after the word
  1 21 "limitation." the following:  "The governor's budget
  1 22 transmitted in accordance with section 8.21 shall
  1 23 incorporate all other funds affecting directly or
  1 24 indirectly the condition of the general fund of the
  1 25 state, including but not limited to the funds created
  1 26 in sections 8.55, 8.56, 8.57, 8.57A, and 8.57B."
  1 27    #3.  Page 1, by inserting after line 22, the
  1 28 following:
  1 29    "#   .  Page 4, by inserting before line 11 the
  1 30 following:
  1 31    "Sec. 75.  NEW SECTION.  8.57B  TEACHER
  1 32 COMPENSATION REFORM AND STUDENT ACHIEVEMENT SAVINGS
  1 33 ACCOUNT FUND.
  1 34    1.  A teacher compensation reform and student
  1 35 achievement savings account fund is created as a
  1 36 separate and distinct fund in the state treasury under
  1 37 the control of the department of education.  Moneys in
  1 38 the fund in a fiscal year shall be used as directed by
  1 39 the general assembly for teacher compensation reform
  1 40 and student achievement activities approved by the
  1 41 Seventy-ninth General Assembly, First Regular Session,
  1 42 or by future general assemblies.
  1 43    2.  Revenue for the teacher compensation reform and
  1 44 student achievement savings account fund shall be
  1 45 deposited with the treasurer of state and credited to
  1 46 the fund and shall include, but is not limited to,
  1 47 moneys in the form of a devise, gift, bequest,
  1 48 donation, federal or other grant, reimbursement,
  1 49 repayment, judgment, transfer, payment, or
  1 50 appropriation from any source intended to be used for
  2  1 the purposes of the fund.
  2  2    3.  Notwithstanding section 8.33, moneys
  2  3 appropriated for deposit in the teacher compensation
  2  4 reform and student achievement savings account fund
  2  5 shall not revert but shall remain available for
  2  6 expenditure as directed by the general assembly in
  2  7 appropriations made from the fund."
  2  8    #   .  Page 10, by inserting after line 9 the
  2  9 following:
  2 10    "Sec.    .  EFFECTIVE DATE.  Section 75 of this
  2 11 Act, being deemed of immediate importance, takes
  2 12 effect upon enactment.""
  2 13    #4.  Page 1, by inserting after line 25 the
  2 14 following:
  2 15    "#   .  Title page, line 5, by inserting after the
  2 16 word "implementation" the following:  "and including
  2 17 an appropriation and effective date"." 
  2 18 
  2 19 
  2 20                               
  2 21 BILL FINK 
  2 22 HF 687.709 79
  2 23 mg/cls
     

Text: S03516                            Text: S03518
Text: S03500 - S03599                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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