Senator RICE proposed the following amendment (SA\394C021.DKA.SA17):
    Amend the bill, and if amended, SECTION 3, page 8, by striking Section 9-16-335(A) and inserting:

/     (A)     For all purposes of this title, the assumed annual rate of return on the investments of the Retirement System must be established by the General Assembly pursuant to this section. Effective July 1, 2012 2017, the assumed annual rate of return on retirement system investments is seven and one-half six percent.     /

    Renumber sections to conform.
    Amend title to conform.