Amend the bill in section 1 in the 3rd line (page 1, line 8 in L.D.) by striking out the following: "$15,500,000" and inserting the following: '$7,925,000'
Amend the bill by striking out all of section 5 and inserting the following:
‘Sec. 5. Disbursement of bond proceeds from General Fund bond issue. The proceeds of the sale of the bonds authorized under this Act must be expended as designated in the following schedule under the direction and supervision of the agencies and entities set forth in this section.
HEALTH AND HUMAN SERVICES, DEPARTMENT OF |
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Provides funds in the amount of $3,590,000 over 2 years for the revolving loan fund for drinking water systems, which will make the State eligible to secure federal grants.
ENVIRONMENTAL PROTECTION, DEPARTMENT OF |
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Provides funds in the amount of $4,335,000 over 2 years for the revolving loan fund for wastewater treatment facilities, which will make the State eligible to secure federal grants.
’
Amend the bill in section 9 by striking out all of the question (page 2, lines 24 to 26 in L.D.) and inserting the following:
‘
"Do you favor a $7,925,000 bond issue to be expended over 2 years for revolving loan funds for drinking water systems and for wastewater treatment facilities, which will make the State eligible to secure $39,625,000 in federal grants?"
’
summary
This amendment reduces by $7,575,000 the funds provided by the bond issue, which will be used to fund revolving loan funds for drinking water systems and wastewater facilities and to make the State eligible to secure federal grants.