S-5164

   Amend Senate File 2286 as follows:
   1.  Page 1, line 21, after <1.> by inserting <a.>
   2.  Page 1, line 21, by striking <A> and inserting <Beginning April 30, 2027, a>
   3.  Page 1, after line 27 by inserting: 
   <b.  A political subdivision that exceeds the twenty-five percent limit solely as a result of fluctuations in fund balances, earnings, or valuation is not in violation of this subsection if the political subdivision acts in good faith to restore compliance within 30 days.>
   4.  Page 2, by striking lines 13 through 18.

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MIKE BOUSSELOT