Amendment No. 1159

Senate Amendment to Assembly Bill No. 285 First Reprint (BDR S-459)

Proposed by: Committee on Finance

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 section 1, page 2, line 37, after "2." by inserting:

"Money to carry out the program in an amount not to exceed $3,200,000 must be provided for the period between the fiscal year beginning on July 1, 1999 and the fiscal year ending on June 30, 2001, by the issuance by the State Board of Finance of general obligation bonds of the State of Nevada in a total face amount of not more than $3,200,000 pursuant to NRS 349.150 to 349.364, inclusive. The proceeds of the bonds issued pursuant to this subsection must be deposited in the fund to protect the Lake Tahoe Basin created pursuant to section 2 of this act and, except as otherwise provided in this subsection, must be used as follows:

(a) Sand Harbor Visitor/Administrative Center BMPs $1,000,000

(b) North Canyon Hiking Trail 15,000

(c) Sand Harbor Erosion Control 100,000

(d) Upland Wildlife Habitat Enhancement 66,000

(e) North Canyon Old Growth Habitat Restoration 130,000

(f) Forest Restoration - Phase I 1,500,000

(g) Sand Harbor-Memorial Point Trail 56,000

(h) Hidden Beach Rehabilitation, BMPs 106,000

(i) Sugar Pine Old Growth Habitat Restoration 75,000

(j) Project contingency 152,000

If an amount authorized pursuant to this subsection is insufficient to allow the completion of the project for which it is authorized, the Interim Finance Committee, upon the request of the Division of State Lands of the State Department of Conservation and Natural Resources, may increase the amount authorized for the project and offset the increase by reducing the amount authorized for another project or projects pursuant to this subsection by the amount of the increase. The Division of State Lands may use money authorized pursuant to this subsection for a project other than a project listed in this subsection if the Interim Finance Committee approves such a use in writing before the Division engages in the project. The Division of State Lands may allocate money pursuant to paragraph (j) without the prior approval of the Interim Finance Committee.

3.".

Amend section 1, page 2, line 38, by deleting "$56,400,000 must" and inserting "$53,200,000 may".

Amend section 1, page 2, line 39, by deleting "1999," and inserting "2001,".

Amend section 1, page 2, line 41, by deleting "$56,400,000." and inserting "$53,200,000.".

Amend section 1, page 3, line 1, by deleting "The" and inserting:

"With the prior approval of the Legislature or the Interim Finance Committee, the".

Amend section 1, page 3, by deleting line 5, and inserting:

"4. The amount of bonds authorized by subsection 3 must be reduced by".

Amend section 1, page 3, line 12, by deleting "4." and inserting "5.".