Senate File 53 S-3002 Amend Senate File 53 as follows: 1 1. Page 2, line 35, after < subsection 3. > by 2 inserting < However, if the balance of the fund 3 following the transfer from the taxpayers trust fund 4 for a fiscal year is insufficient to lower all school 5 district adjusted additional property tax levy rates to 6 the statewide maximum adjusted additional property tax 7 levy rate, there is appropriated from the general fund 8 of the state to be credited to the fund an amount equal 9 to the difference between the total amount necessary to 10 lower all school district adjusted additional property 11 tax levy rates to the statewide maximum adjusted 12 additional property tax levy rate and the balance of 13 the fund following the transfer from the taxpayers 14 trust fund. > 15 2. Page 3, line 9, after < section. > by inserting 16 < However, if the balance of the fund following the 17 transfer from the taxpayers trust fund for a fiscal 18 year is insufficient to pay all school district 19 property tax replacement payments for the fiscal year, 20 there is appropriated from the general fund of the 21 state to be credited to the fund an amount equal to 22 the difference between the amount necessary to pay all 23 school district property tax replacement payments for 24 the fiscal year and the balance of the fund following 25 the transfer from the taxpayers trust fund. > 26 3. Page 3, lines 18 and 19, by striking < paragraph 27 “c” , and subsection 4, if applicable > and inserting 28 < paragraph “c” > 29 4. Page 4, by striking lines 3 through 8. 30 5. Page 4, line 9, by striking < 5. > and inserting 31 < 4. > 32 6. By renumbering as necessary. 33 ______________________________ MARK CHELGREN -1- SF53.18 (3) 85 md/sc 1/ 1 #1. #2. #3. #4. #5. #6.