1058-S AMH WANG APPL2

SHB 1058 - H AMD 436 ADOPTED 4-6-91

By Representatives Wang, Jacobsen and Holland

      On page 53, line 29, after "treasury))" insert "American Indian scholarship endowment fund,"

SHB 1058 - H AMD 436 ADOPTED 4-6-91

By Representatives Wang, Jacobsen and Holland

      On page 103, line 10, strike "((earnings)) moneys" and insert "earnings"

      On page 103, line 13, strike everything through line 15 and insert:

      "The principal of the endowment fund shall not be invaded.  The earnings on the fund shall be used solely for the purposes set forth in RCW 28B.108.040."

EFFECT:  Maintains shift in interest earnings from the American Indian scholarship trust fund to the general fund but allows interest from the American Indian scholarship endowment fund to continue to be used for scholarships.