SB 366-2_ Filed 02/15/2011, 12:15

COMMITTEE REPORT




MADAM PRESIDENT:

    The Senate Committee on Tax and Fiscal Policy, to which was referred Senate Bill No. 366, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill be AMENDED as follows:

SOURCE: Page 6, line 32; (11)AM036607.6. -->     Page 6, delete lines 32 through 42.
    Page 7, delete line 1.
    Page 9, line 27, after "attendance"" delete ",".
    Page 10, line 2, after "services" delete ",".
    Page 20, line 11, after "(c)" delete "," and insert " or".
    Page 20, line 11, after "(d)" delete ",".
    Page 20, line 11, after "or" insert " as".
    Page 22, delete lines 8 through 20, begin a new paragraph and insert:
    " Sec. 5. Any fees imposed under this chapter shall be deposited in the lead trust fund established by IC 16-41-39.8-7.
SOURCE: IC 16-41-39.8-7; (11)AM036607.39. -->     SECTION 39. IC 16-41-39.8-7, AS ADDED BY P.L.57-2009, SECTION 17, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2011]: Sec. 7. (a) The lead trust fund established by IC 13-17-14-6 (repealed) is reestablished to provide a source of money for the purposes set forth in subsection (f).
    (b) The expenses of administering the fund shall be paid from the money in the fund.
    (c) The treasurer of state shall invest the 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.
    (e) The sources of money for the fund are the following:
        (1) License fees established under section 6 of this chapter.
        (2) Appropriations made by the general assembly, gifts, and donations intended for deposit in the fund.
        (3) Penalties imposed under sections 14 and 15 of this chapter for violations of this chapter and rules adopted under this chapter concerning lead-based paint activities.
         (4) Any fees imposed under the lead-based paint poisoning prevention program under IC 16-41-39.2.
        (5) Any gifts and grants to the fund.

    (f) The state department may use money in the fund to do the following:
        (1) Pay the expenses of administering this chapter.
        (2) Cover other costs related to implementation of 40 CFR 745 for lead-based paint activities in target housing and child occupied facilities.
         (3) Administer the lead-based paint poisoning prevention program set forth in IC 16-41-39.2.".
    Renumber all SECTIONS consecutively.
    (Reference is to SB 366 as printed January 28, 2011.)

and when so amended that said bill do pass .

Committee Vote: Yeas 10, Nays 0.

____________________________________

Senator Hershman, Chairperson


AM 036607/DI 73    2011