Amendment No. 314

Assembly Amendment to Assembly Bill No. 108 (BDR 52-290)

Proposed by: Committee on Commerce and Labor

Amendment Box:

Resolves Conflicts with: N/A

Amends: Summary: Title: Preamble: Joint Sponsorship:

ASSEMBLY ACTION Initial and Date | SENATE ACTION Initial and Date

Adopted Lost | Adopted Lost

Concurred In Not | Concurred In Not

Receded Not | Receded Not

Amend sec. 3, page 3, by deleting lines 7 through 9 and inserting:

"3. On June 30 of each fiscal year, any amount in excess of [$30,000] $200,000 in the attorney general’s special fund of the money collected pursuant to subsection 1 reverts to the state general fund.

4. The balance of the money in the attorney general’s special fund that is collected pursuant to subsection 1 must not exceed $250,000. If money deposited in the state treasury for credit to the attorney general’s special fund pursuant to subsection 1 would cause that balance to exceed $250,000 if credited to the fund, the amount of the deposit which would cause the balance to exceed $250,000 immediately reverts to the state general fund.".

Amend the title of the bill, fifth line, by deleting "fund;" and inserting:

"fund and the maximum balance which may be detained in the fund; limiting the amount of money collected for unfair trade practices that can be credited to the attorney general’s special fund;".