On page 2, line 9, after "fund." strike all material through "(3)))" on line 16 and insert "The investment of private moneys in the fund shall be managed by the state investment board.
     (2) At the request of the higher education coordinating board, the state investment board shall release earnings from the ((endowment fund)) private moneys invested by it to the state treasurer. ((The state treasurer shall then release those funds at the request of the higher education coordinating board for scholarships. No appropriation is required for expenditures from the endowment fund.))
     (3)"

     On page 2, line 22, strike "(((4))) (3)" and insert "(4)"

     On page 2, line 23, after "subsection" strike "(((3))) (2)" and insert "(3)"

     On page 2, line 25, strike "(((5))) (4)" and insert "(5)"

     On page 3, line 4, after "fund." strike all material through "(3)))" on line 10 and insert "The investment of private moneys in the fund shall be managed by the state investment board.
     (2) At the request of the office, the state investment board shall release earnings from the ((endowment fund)) private moneys invested by it to the state treasurer. ((The state treasurer shall then release those funds at the request of the office for scholarships. No appropriation is required for expenditures from the endowment fund.))
     (3)"

     On page 3, line 15, strike "(((4))) (3)" and insert "(4)"

     On page 3, line 16, after "subsection" strike "(((3))) (2)" and insert "(3)"

     On page 3, line 18, strike "(((5))) (4)" and insert "(5)"

     Beginning on page 3, line 33, after "law." strike all material through "(3)))" on page 4, line 4 and insert "The investment of private moneys in the fund shall be managed by the state investment board.
     (2) At the request of the higher education coordinating board, the state investment board shall release earnings from the ((endowment fund)) private moneys invested by it to the state treasurer. ((The state treasurer shall then release those funds at the request of the higher education coordinating board for scholarships. No appropriation is required for expenditures from the endowment fund.))
     (3)"

     On page 4, line 7, strike "(((4))) (3)" and insert "(4)"

     On page 4, line 12, strike "(((5))) (4)" and insert "(5)"

     On page 4, line 16, after "subsection" strike "(((4))) (3)" and insert "(4)"

     On page 4, line 18, strike "(((6))) (5)" and insert "(6)"

     Beginning on page 4, line 33, after "law." strike all material through "(3)))" on page 5, line 3 and insert "The investment of private moneys in the fund shall be managed by the state investment board.
     (2) At the request of the office, the state investment board shall release earnings from the ((endowment fund)) private moneys invested by it to the state treasurer. ((The state treasurer shall then release those funds at the request of the office for scholarships. No appropriation is required for expenditures from the endowment fund.))
     (3)"

     On page 5, line 6, strike "(((4))) (3)" and insert "(4)"

     On page 5, line 10, strike "(((5))) (4)" and insert "(5)"

     On page 5, line 14, after "subsection" strike "(((4))) (3)" and insert "(4)"

     On page 5, line 16, strike "(((6))) (5)" and insert "(6)"