House
File
2643
H-8274
Amend
House
File
2643
as
follows:
1
1.
Page
5,
after
line
13
by
inserting:
2
<
Sec.
___.
Section
261.20,
subsection
2,
Code
2020,
is
3
amended
to
read
as
follows:
4
2.
The
maximum
balance
of
the
scholarship
and
tuition
5
grant
reserve
fund
is
an
amount
equal
to
one
two
percent
of
6
the
funds
appropriated
to
the
scholarship
and
tuition
grant
7
programs
under
section
261.25
during
the
preceding
fiscal
year.
8
The
moneys
in
the
fund
shall
be
placed
in
separate
accounts
9
within
the
fund,
according
to
the
source
and
purpose
of
the
10
original
appropriation.
Moneys
in
the
various
accounts
shall
11
only
be
used
to
alleviate
a
current
fiscal
year
shortfall
in
12
appropriations
for
scholarship
or
tuition
grant
programs
that
13
have
the
same
nature
as
the
programs
for
which
the
moneys
14
were
originally
appropriated.
At
the
conclusion
of
a
fiscal
15
year,
any
surplus
appropriations
made
to
the
commission
for
16
scholarship
or
tuition
grant
programs
are
appropriated
to
the
17
scholarship
and
grant
reserve
fund
in
an
amount
equal
to
the
18
amount
of
the
surplus
or
the
amount
necessary
to
achieve
the
19
maximum
balance,
whichever
amount
is
less.
>
20
2.
By
renumbering
as
necessary.
21
______________________________
WINCKLER
of
Scott
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HF2643.4366
(3)
88
kh/ns
1/
1
#1.
#2.