Amendment No. 964

 

Senate Amendment to Senate Bill No. 243 (BDR S‑1234)

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 1, line 1, before "There" by inserting "1.".

Amend section 1, page 1, line 3, by deleting "$50,000,000." and inserting:

"$30,000,000.

2. Notwithstanding the provisions of NRS 353.235:

(a) Upon receipt of the projections and estimates of the Economic Forum required by paragraph (d) of subsection 1 of NRS 353.228 to be reported on or before December 1, 2004, the Interim Finance Committee shall project the ending balance of the State General Fund for Fiscal Year 2004-2005, using all relevant information known to it.

(b) Except as otherwise provided in paragraph (c), there is hereby contingently appropriated from the State General Fund to the Fund to Stabilize the Operation of State Government created by NRS 353.288 the amount, if any, by which the projection required by paragraph (a) exceeds the amount of the ending balance of the State General Fund for Fiscal Year 2004-2005 as estimated by the 2003 Legislature.

(c) The amount of any appropriation pursuant to paragraph (b) must not exceed $20,000,000.".

Amend sec. 2, page 1, line 4, by deleting:

"June 30, 2003." and inserting:

"July 1, 2004.".

Amend the title of the bill, first line, by deleting "an appropriation" and inserting "appropriations".

Amend the summary of the bill to read as follows:

"SUMMARY-Makes appropriations from State General Fund to Fund to Stabilize the Operation of State Government. (BDR S‑1234)".