2001 REGULAR SESSION (71st)                                                                             A SB487 332

Amendment No. 332

 

Senate Amendment to Senate Bill No. 487                                                                         (BDR 31‑359)

Proposed by: Committee on Government Affairs

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 26, by deleting “(l),” and inserting “(k),”.

     Amend section 1, page 2, line 30, by deleting “(l),” and inserting “(k),”.

     Amend section 1, page 2, by deleting lines 33 and 34.

     Amend section 1, page 2, line 35, by deleting “(k)” and inserting “(j)”.

     Amend section 1, page 2, line 43, by deleting “(l)” and inserting “(k)”.

     Amend section 1, page 2, line 44, by deleting “(k),” and inserting “(j),”.

     Amend section 1, page 2, line 46, by deleting:

“paragraphs (i) to (l), inclusive,” and inserting:

“paragraph (i), (j) or (k)”.

     Amend section 1, page 3, line 2, after “Nevada.” by inserting:

“The state treasurer shall contract for the services of independent contractors to manage any investments of the state treasurer made pursuant to paragraph (i), (j) or (k) of subsection 2. The state treasurer shall establish such criteria for the qualifications of such an independent contractor as are appropriate to ensure that each independent contractor has expertise in the management of such investments.”.

     Amend sec. 4, page 9, line 41, by deleting “treasurer:” and inserting:

“treasurer[:] , except as otherwise provided in this section:”.

     Amend sec. 4, page 9, by deleting line 43 and inserting:

     “(b) Shall invest the”.

     Amend sec. 4, page 10, line 18, by deleting “(d),” and inserting “(c),”.

     Amend sec. 4, page 10, line 21, by deleting “(d),” and inserting “(c),”.

     Amend sec. 4, page 10, by deleting lines 24 and 25.

     Amend sec. 4, page 10, line 26, by deleting “(c)” and inserting “(b)”.

     Amend sec. 4, page 10, line 34, by deleting “(d)” and inserting “(c)”.

     Amend sec. 4, page 10, line 36, by deleting:

“(a), (b) and (c)” and inserting:

“(a) and (b)”.

     Amend sec. 4, page 10, line 41, after “Nevada.” by inserting:

“The state treasurer shall contract for the services of independent contractors to manage any investments of the state treasurer made pursuant to subsection 4. The state treasurer shall establish such criteria for the qualifications of such an independent contractor as are appropriate to ensure that each independent contractor has expertise in the management of such investments.”.

     Amend sec. 5, page 11, line 12, by deleting “treasurer:” and inserting:

“treasurer[:] , except as otherwise provided in this section:”.

     Amend sec. 5, page 11, by deleting line 14 and inserting:

     “(b) Shall invest the”.

     Amend sec. 5, page 11, line 38, by deleting “(d),” and inserting “(c),”.

     Amend sec. 5, page 11, line 41, by deleting “(d),” and inserting “(c),”.

     Amend sec. 5, page 11, by deleting lines 44 and 45.

     Amend sec. 5, page 11, line 46, by deleting “(c)” and inserting “(b)”.

     Amend sec. 5, page 12, line 5, by deleting “(d)” and inserting “(c)”.

     Amend sec. 5, page 12, line 7, by deleting:

“(a), (b) and (c)” and inserting:

“(a) and (b)”.

     Amend sec. 5, page 12, line 12, by deleting “Nevada..” and inserting:

“Nevada. The state treasurer shall contract for the services of independent contractors to manage any investments of the state treasurer made pursuant to subsection 3. The state treasurer shall establish such criteria for the qualifications of such an independent contractor as are appropriate to ensure that each independent contractor has expertise in the management of such investments.”.

     Amend sec. 7, page 13, line 12, by deleting “treasurer:” and inserting:

“treasurer[:] , except as otherwise provided in this section:”.

     Amend sec. 7, page 13, by deleting line 14 and inserting:

     “(b) Shall invest the”.

     Amend sec. 7, page 13, line 38, by deleting “(d),” and inserting “(c),”.

     Amend sec. 7, page 13, line 41, by deleting “(d),” and inserting “(c),”.

     Amend sec. 7, page 13, by deleting lines 44 and 45.

     Amend sec. 7, page 13, line 46, by deleting “(c)” and inserting “(b)”.

     Amend sec. 7, page 14, line 5, by deleting “(d)” and inserting “(c)”.

     Amend sec. 7, page 14, line 7, by deleting:

“(a), (b) and (c)” and inserting:

“(a) and (b)”.

     Amend sec. 7, page 14, line 12, after “Nevada.” by inserting:

“The state treasurer shall contract for the services of independent contractors to manage any investments of the state treasurer made pursuant to subsection 3. The state treasurer shall establish such criteria for the qualifications of such an independent contractor as are appropriate to ensure that each independent contractor has expertise in the management of such investments.”.