I move that Engrossed Senate Bill 448 be amended to read as follows:
Page 10, after line 42, begin a new paragraph and insert:
"SECTION 8. IC20-19-1-4 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2009]: Sec. 4. (a) The state superintendent shall communicate the following to all school corporations and charter schools:
"Due to ongoing deadlines for using state revenue due to the fact that the 2009, 2010, and 2011 calendar years use significant amounts of federal stimulus money for general fund expenses, the general assembly highly recommends that all school corporations (and charters) increase their general fund cash balances by at least two hundred dollars ($200) per ADM by December 31, 2011."
(b) This section expires December 31, 2011."
Renumber all SECTIONS consecutively.
(Reference is to ESB 448 as printed April 10, 2009.)