5665-S AMS PARL S4393.1

SSB 5665 - S AMD 651

By Senator Parlette

ADOPTED 02/17/2004

On page 2, beginning on line 24, after "fund." strike all material through "fund." on line 29 and insert "((At least five percent)) The board of directors shall determine what portion of the annual revenue of ((each)) the irrigation district ((may annually)) will be placed into its upgrading and improvement fund, including all or any part of the funds received by a district from the sale, delivery, and distribution of electrical energy."

EFFECT: The amendment removes the five percent limit on the amount of annual revenue that may be placed in the Upgrading and Improvement Fund.

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