AMENDMENT FOR SENATE APPROPRIATIONS COMMITTEE ENGROSSED BILL
106mc

___________________ moved that SB 106 be amended as follows:


    On the Senate Appropriations Committee engrossed bill, delete everything after the enacting clause and insert:

"    Section 1. There is hereby created within the postsecondary technical institute facilities fund a maintenance and repair subfund. On June thirtieth of each year the state treasurer shall transfer any unobligated general funds appropriated through the annual general appropriations act for the purposes of funding the ongoing operations of the public postsecondary technical institutions to the postsecondary technical institute maintenance and repair subfund. Interest earned on money in the subfund shall be credited to the subfund. Any money from gifts, grants, or other funds may be deposited in the subfund. The money shall be continuously appropriated and dispersed to the technical institutes proportionate to the replacement value of the buildings on their respective campuses."