Assembly Amendment to Senate Bill No. 329 First Reprint (BDR S-1254)
Proposed by: Committee on Ways and Means
Amendment Box:
Amends: Summary: Title: Preamble: Joint Sponsorship:
ASSEMBLY ACTION
Initial and Date | SENATE ACTION Initial and DateAdopted Lost | Adopted Lost
Concurred In Not | Concurred In Not
Receded Not | Receded Not
Amend section 1, page 2, by deleting lines 23 through 32 and inserting:
"Section 1. 1. Except as otherwise provided in subsection 3, the State Board of Finance shall issue general obligation bonds of the State of Nevada in the face amount of not more than $3,000,000. The proceeds of the bonds must be allocated to the Division of State Parks of the State Department of Conservation and Natural Resources to assist in the construction of a California Immigrant Trail Interpretive Center in Elko County.
2. The expenses related to the issuance of bonds pursuant to this section must be paid from the proceeds of the bonds and must not exceed 2 percent of the face amount of the bonds sold.
3. The State Board of Finance shall not issue the general obligation bonds pursuant to subsection 1 unless on or before June 30, 2003:
(a) The Division of State Parks of the State Department of Conservation and Natural Resources has received commitments of at least:
(1) One million dollars from Elko County;
(2) Two million dollars from the City of Elko; and
(3) Six million dollars from the Federal Government and other available sources of grant money,
for the construction of the California Immigrant Trail Interpretive Center in Elko County; and
(b) The Federal Government has agreed to own and operate the California Immigrant Trail Interpretive Center in Elko County.".
Amend the bill as a whole by deleting sec. 2 and renumbering sec. 3 as sec. 2.
Amend the preamble of the bill, page 2, by deleting line 14 and inserting:
"other commitments required by subparagraph (3) of paragraph (a) of subsection 3 of section 1 of this act and paragraph (b) of subsection 3 of section 1 of this act; and".
Amend the preamble of the bill, page 2, line 17, after "the" by inserting "other".
Amend the preamble of the bill, page 2, by deleting line 18 and inserting:
"required by subsection 3 of section 1 of this act; now, therefore,".
Amend the title of the bill by deleting the first and second lines and inserting:
"AN ACT relating to state financial administration; authorizing the issuance of general obligation bonds under certain circumstances to assist in the".
Amend the summary of the bill by deleting the first and second lines and inserting:
"SUMMARY—Authorizes issuance of general obligation bonds under certain circumstances to assist in".
Amend the bill as a whole by adding the following assemblyman as a primary joint sponsor:
Assemblyman Marvel.