Senate Amendment 5307


PAG LIN




     1  1    Amend Senate File 2405 as follows:
     1  2 #1.  Page 1, line 4, by striking the word
     1  3 <subsection> and inserting the following:
     1  4 <subsections>.
     1  5 #2.  Page 1, by inserting after line 27 the
     1  6 following:
     1  7    <13B.  Provide customer financing for companies
     1  8 engaged in the manufacturing of equipment utilized in
     1  9 connection with wind energy or the construction or
     1 10 operation of a wind energy production facility,
     1 11 including structuring such financing as a membership
     1 12 investment whereby the state bank as equity investor
     1 13 may take a majority financial position, but not a
     1 14 management position, in such companies, subject to the
     1 15 same restrictions as provided in subsection 13A,
     1 16 paragraphs "a" through "e".>
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     1 19                               
     1 20 PAUL McKINLEY
     1 21 SF 2405.501 82
     1 22 rn/rj/21140
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