Amend the bill, as and if amended, Part IA, Section 113, AID TO SUBDIVISIONS - STATE TREASURER, page 252, line 3, by:
Column 7 Column 8
/ STRIKING: 212,619,411 212,619,411
and
INSERTING: 285,717,526 285,717,526/
Amend the bill further, as and if amended, Part IB, Section 91, LEGISLATIVE DEPARTMENT, page 430, after line 28, by adding an appropriately numbered new proviso to read:
/ (LEG: Local Government Fund Formula Study) Of the funds appropriated to the Senate and the House of Representatives, a study committee shall be established to review and study funds allocated to the Local Government Fund. The committee shall be tasked with evaluating the current formula and proposing changes for future implementation for the General Assembly's consideration.
Membership of the committee shall be comprised of six members as follows:
(1) one member appointed by the Chairman of the Senate Finance Committee;
(2) one member appointed by the Senate Majority Leader;
(3) one member appointed by the Senate Minority Leader;
(4) one member appointed by the Chairman of the House of Representatives Ways and Means Committee;
(5) one member appointed by the House of Representatives Majority Leader; and
(6) one member appointed by the House of Representatives Minority Leader.
Staff for the study committee shall be provided by the Senate Finance Committee and the House Ways and Means Committee. The study committee shall provide a report with findings and recommendations to the General Assembly. After submission of the report the study committee shall be dissolved. /
Renumber sections to conform.
Amend sections, totals and title to conform.