6088-S AMS HONE GROE 002

SSB 6088 - S AMD - 326

    By Senator Honeyford

                                                   ADOPTED 3/28/00

    On page 218, on line 26, following "biennium." insert "An interest rate equal to the 10 year U.S. treasury bond rate shall be applied to the repayment of the loan.  Principal and interest payments shall be made from the state general fund."

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EFFECT: Provides for a repayment source and interest rate charges

for the loan of public works assistance account funds to the rural arterial trust account.