Senate File 2405 S-5088 Amend Senate File 2405 as follows: 1 1. Page 5, by striking lines 18 through 22 and inserting 2 < approval of at least ten of the presidents and chancellors. 3 If the presidents and chancellors approve a distribution 4 formula pursuant to this paragraph, the presidents and 5 chancellors shall do all of the following: 6 (1) Transmit the distribution formula to the department, 7 and the department shall implement the distribution formula. 8 (2) Submit a report to the general assembly and the 9 governor on or before November 15 that provides a description 10 of the distribution formula and that includes the data and 11 criteria the presidents and chancellors used to determine the 12 distribution formula, the rationale for using those specific 13 data points and criteria, and the weighting or preference 14 assigned to specific data points and criteria. > 15 2. Page 7, line 18, after < allocation. > by inserting < If 16 the department establishes a distribution formula pursuant to 17 this paragraph, the department shall submit a report to the 18 general assembly and the governor on or before December 15 19 that provides a description of the distribution formula and 20 that includes the data and criteria the department used to 21 determine the distribution formula, the rationale for using 22 those specific data points and criteria, and the weighting or 23 preference assigned to specific data points and criteria. > 24 ______________________________ CINDY WINCKLER -1- SF 2405.3810 (2) 90 jda/jh 1/ 1 #1. #2.