1603-S AMH LOCK HOSC 1

SHB 1603 - H AMDS 000125 ADOPTED 3-11-93

By Representatives Locke, Sommers, Silver, and Jacobsen

            On page 15, beginning on line 7, after "community" strike "and technical"

            On page 15, line 16, after "equivalent" strike  "((,)) except at technical colleges"

            On page 17, after line 28, insert:

            "NEW SECTION.  Sec. 19.   A new section is added to chapter 28B.15 RCW to read as follows:

            Each technical college shall deposit two and one-half percent of revenues collected from tuition and fees into a local financial aid fund.  Moneys in the fund shall be used to provide financial aid to needy students who are post high school students, and who demonstrate the financial inability to meet the total cost of board, room, books, and tuition and fees."

Renumber the remaining sections consecutively and correct any internal references accordingly.

            On page 26, after line 24, insert:

    "NEW SECTION.  Sec. 33.   If specific funding for section 19 of this act, referencing this act by bill number, is not provided by June 30, 1993, in the omnibus appropriations act, section 19 is null and void."

Renumber the remaining sections consecutively and correct any internal references accordingly.

EFFECT:  Technical colleges will not place two and one-half percent of their tuition revenues into an institutional long-term loan fund.  Instead, they will place two and one-half percent into a financial aid fund.  This provision is null and void unless funding is provided in the omnibus appropriations act by June 30, 1993.