AMENDMENT FOR HOUSE STATE AFFAIRS COMMITTEE ENGROSSED BILL
133fc

___________________ moved that SB 133 be amended as follows:

     On page 5, between lines 19 and 20 of the House State Affairs Committee engrossed bill, insert:

"      Section 10. That chapter 10-47B be amended by adding thereto a NEW SECTION to read as follows:

     The Department of Legislative Audit shall annually review the financial records of each ethanol producer that receives any production incentive payment from the ethanol fuel fund and shall report such findings to the Legislature. The financial records and information collected by the department and reported to the Legislature is not considered a public record and is exempt from disclosure. If the gross profit of the facility exceeds twenty percent, the ethanol producer shall return one-fourth of the production incentive payment received in the previous fiscal year to the state. Such return shall be made within ninety days of notification by the department.".