6833 AMS SWEC GORR 587

SB 6833 - S AMD 350

By Senator Swecker

PULLED 3/08/2010

    On page 4, line 25, after "treasury.", insert the following:

"However the earnings and investments from the motor vehicle fund, pursuant to Article II, section 40 of the state Constitution, shall be segregated from all funds and accounts and no interfund loans shall occur."

 

    Renumber the sections consecutively and correct any internal references accordingly.

 

    On page 6, line 14, after "relocation fund," strike "the motor vehicle fund," and insert "((the motor vehicle fund,))"

 

Renumber the sections consecutively and correct any internal references accordingly.

 

 

      

           EFFECT: Surplus balances from the motor vehicle fund must be segregated in compliance with Article II, section 40 of the State Constitution. 

 

 

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