HB 1729-20_ Filed 01/24/2001, 10:08
Text Box
PREVAILED Roll Call No. _______
FAILED Ayes _______
WITHDRAWN Noes _______
RULED OUT OF ORDER
[
HOUSE MOTION ____
]
MR. SPEAKER:
I move that House Bill 1729 be amended to read as follows:
SOURCE: Page 1, line 1; (01)MO172937.1. -->
Page 1, between line 1 and the enacting clause, begin a new
paragraph and insert:
SOURCE: IC 4-31-5-15; (01)MO172937.1. -->
"SECTION 1. IC 4-31-5-15 IS AMENDED TO READ AS
FOLLOWS [EFFECTIVE JULY 1, 2001]: Sec. 15. Except as
provided in IC 4-31-14-7.5, any fees or penalties collected by the
commission under IC 4-31-3-9(1)(E) through IC 4-31-3-9(1)(G) shall
be paid into the state general fund.".
SOURCE: Page 2, line 1; (01)MO172937.2. -->
Page 2, line 1, delete "Deposit" and insert "
Except as provided in
IC 4-33-14-6.5, deposit".
Page 33, between lines 7 and 8, begin a new paragraph and insert:
"
Sec. 7.5. The commission shall deposit fines imposed under
section 7 of this chapter in the women and minority business
assistance fund established under section 11 of this chapter.".
Page 33, between lines 23 and 24, begin a new paragraph and
insert:
"
Sec. 11. (a) The women and minority business assistance fund
is established for the purpose of assisting women and minority
businesses. The fund shall be administered by the commission. The
fund consists of fines and penalties imposed by the commission
under section 7 of this chapter.
(b) The expenses of administering the fund shall be paid from
money in the fund.
(c) The treasurer of state shall invest money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public money may be invested. Interest that
accrues from these investments shall be deposited in the fund.
(d) Money in the fund at the end of a state fiscal year does not
revert to the state general fund.".
Page 47, between lines 21 and 22, begin a new paragraph and
insert:
SOURCE: IC 4-33-14-6.5; (01)MO172937.60. -->
"SECTION 60. IC 4-33-14-6.5 IS ADDED TO THE INDIANA
CODE AS A NEW SECTION TO READ AS FOLLOWS
[EFFECTIVE JULY 1, 2001]: Sec. 6.5. The commission shall
deposit fines imposed under section 6 of this chapter in the
minority and women business assistance fund established under
section 11 of this chapter.
SOURCE: IC 4-33-14-11; (01)MO172937.61. -->
SECTION 61. IC 4-33-14-11 IS ADDED TO THE INDIANA
CODE AS A
NEW SECTION TO READ AS FOLLOWS
[EFFECTIVE JULY 1, 2001]:
Sec. 11. (a) The minority and women
business assistance fund is established for the purpose of assisting
minority and women businesses. The fund shall be administered
by the commission. The fund consists of fines and penalties
imposed by the commission under section 7 of this chapter.
(b) The expenses of administering the fund shall be paid from
money in the fund.
(c) The treasurer of state shall invest money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public money may be invested. Interest that
accrues from these investments shall be deposited in the fund.
(d) Money in the fund at the end of a state fiscal year does not
revert to the state general fund.".
Renumber all SECTIONS consecutively.
(Reference is to HB 1729 as printed January 22, 2001.)
________________________________________
MO172937/DI 92 2001