Amendments for HB19-1322
House Journal, April 18
38 HB19-1322 be amended as follows, and as so amended, be referred to
39 the Committee on Appropriations with favorable
40 recommendation:
41
42 Amend printed bill, page 3, strike lines 7 and 8 and substitute "(3.5)(b)(I)
43 OF THIS SECTION, STATE REVENUES FOR THE 2018-19 STATE FISCAL YEAR
44 AND FOR ALL SUCCEEDING STATE FISCAL YEARS, ARE LESS".
45
46 Page 3, line 17, after "SECTION." add "NOTWITHSTANDING ANY OTHER
47 PROVISION OF THIS SECTION, THE TRANSFER PERMITTED BY THIS
48 SUBSECTION (3.5)(a) SHALL NOT BE MADE IN MORE THAN SEVEN TOTAL
49 STATE FISCAL YEARS.".
50
51 Page 5, strike lines 17 and 18 and substitute "(3.5)(b)(I) OF THIS SECTION,
52 STATE REVENUES FOR THE 2018-19 STATE FISCAL YEAR AND FOR ALL
53 SUCCEEDING STATE FISCAL YEARS,".
54
55 Page 5, line 27, after "SECTION." add "NOTWITHSTANDING ANY OTHER
56 PROVISION OF THIS SECTION, THE TRANSFER PERMITTED BY THIS
1 SUBSECTION (3.5)(a) SHALL NOT BE MADE IN MORE THAN SEVEN TOTAL
2 STATE FISCAL YEARS.".
3
4 Page 8, line 6, strike "and (2)(f)" and substitute "(2)(f), and (3)(c)".
5
6 Page 11, after line 15 insert:
7
8 "(c) SUBJECT TO THE LIMITATION ON THE PERCENTAGE OF MONEY
9 APPROPRIATED FROM THE FUND THAT MAY BE EXPENDED FOR THE
10 ADMINISTRATIVE COSTS OF THE DIVISION IN ADMINISTERING THE FUND
11 SPECIFIED IN SUBSECTION (3)(b) OF THIS SECTION, THE DIVISION MAY
12 EXPEND MONEY FROM THE FUND TO HIRE AND EMPLOY INDIVIDUALS IN
13 ORDER TO FULFILL THE PURPOSES OF HOUSE BILL 19-1322, ENACTED IN
14 2019.".
15
16
House Journal, April 25
34 HB19-1322 be amended as follows, and as so amended, be referred to
35 the Committee of the Whole with favorable
36 recommendation:
37
38 Amend the Finance Committee Report, dated April 17, 2019, page 1,
39 strike lines 1 through 14 and substitute:
40
41 "Amend printed bill, page 2, strike lines 2 through 19.
42
43 Strike page 3 of the bill.
44
45 Page 4 of the bill, strike lines 1 through 21.
46
47 Renumber succeeding sections accordingly.
48
49 Page 5 of the bill, strike lines 15 through 27 and substitute:
50
51 "(3.5) (a) NOTWITHSTANDING ANY OTHER PROVISION OF THIS
52 SECTION, IF, BASED UPON THE ESTIMATE DESCRIBED IN SUBSECTION
53 (3.5)(b)(I) OF THIS SECTION, STATE REVENUES FOR THE 2020-21 STATE
54 FISCAL YEAR THROUGH THE 2022-23 STATE FISCAL YEAR ARE LESS THAN
55 THE TRANSFER CUTOFF AMOUNT, THE STATE TREASURER SHALL TRANSFER
56 FROM THE UNCLAIMED PROPERTY TRUST FUND TO THE DIVISION OF
1 HOUSING TO BE DEPOSITED INTO THE HOUSING DEVELOPMENT GRANT
2 FUND CREATED IN SECTION 24-32-721 (1) NO LATER THAN JUNE 30 OF THE
3 YEAR IN WHICH THE ECONOMIC AND REVENUE FORECAST IS MADE THE
4 AMOUNT OF THIRTY MILLION DOLLARS.
5 (b) (I) IN ITS ANNUAL JUNE FORECAST, LEGISLATIVE COUNCIL
6 STAFF SHALL REPORT ESTIMATES FOR THE CURRENT STATE FISCAL YEAR
7 OF STATE REVENUES, THE TRANSFER CUTOFF AMOUNT, AND THE AMOUNT
8 OF THE TRANSFER REQUIRED BY THIS SECTION BASED ON THOSE
9 ESTIMATES. LEGISLATIVE COUNCIL STAFF SHALL INCLUDE THE AMOUNT
10 OF THE ANTICIPATED TRANSFER IN ITS ESTIMATE OF FISCAL YEAR
11 SPENDING FOR THE STATE FISCAL YEAR.
12 (II) ON JUNE 1 OF EACH YEAR, THE STATE TREASURER SHALL
13 NOTIFY LEGISLATIVE COUNCIL STAFF OF THE AMOUNT AVAILABLE IN THE
14 UNCLAIMED PROPERTY TRUST FUND TO BE TRANSFERRED ON JUNE 30 OF
15 THE YEAR UNDER THIS SECTION IF THE AMOUNT IS LESS THAN THIRTY
16 MILLION DOLLARS.
17 (c) AS USED IN THIS SUBSECTION (3.5):
18 (I) "EXCESS STATE REVENUES CAP" HAS THE SAME MEANING AS
19 SET FORTH IN SECTION 24-77-103.6 (6)(b).
20 (II) "JUNE FORECAST" MEANS THE ECONOMIC AND REVENUE
21 FORECAST PREPARED BY LEGISLATIVE COUNCIL STAFF EACH JUNE.
22 (III) "STATE REVENUES" HAS THE SAME MEANING AS SET FORTH
23 IN SECTION 24-77-103.6 (6)(c); EXCEPT THAT IT DOES NOT INCLUDE ANY
24 AMOUNT FOR THE ANTICIPATED TRANSFER PERMITTED BY SUBSECTION
25 (3.5)(a) OF THIS SECTION.
26 (IV) "TRANSFER CUTOFF AMOUNT" MEANS, FOR A GIVEN FISCAL
27 YEAR, AN AMOUNT EQUAL TO THE EXCESS STATE REVENUES CAP FOR THE
28 FISCAL YEAR MINUS THIRTY MILLION DOLLARS.
29 (d) ALL OF THE MONEY TO BE TRANSFERRED PURSUANT TO
30 SUBSECTION (3.5)(a) OF THIS SECTION MUST BE DEPOSITED BY THE
31 DIVISION OF HOUSING INTO THE HOUSING DEVELOPMENT GRANT FUND
32 CREATED IN SECTION 24-32-721 (1) TO FINANCE THE USES DESCRIBED IN
33 SECTION 24-32-721.
34 (e) NOTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION,
35 FOR EACH STATE FISCAL YEAR THAT A TRANSFER IS NOT MADE, THE LAST
36 YEAR IN WHICH A TRANSFER MAY BE MADE AS SPECIFIED IN SUBSECTION
37 (3.5)(a) OF THIS SECTION IS EXTENDED FOR AN ADDITIONAL STATE FISCAL
38 YEAR. ANY TRANSFER PERMITTED BY SUBSECTION (3.5)(a) OF THIS
39 SECTION SHALL NOT BE MADE IN MORE THAN THREE TOTAL STATE FISCAL
40 YEARS.".
41
42 Strike page 6 of the bill.
43
44 Page 7 of the bill, strike lines 1 through 4.".
45
46 Page 1 of the committee report, after line 15 insert:
47
48 "Page 9 of the bill, line 9, strike "38-13-116.5" and substitute
49 "38-13-801".
50
51 Page 2 of the committee report, after line 5 insert:
52
53 "Page 11 of the bill, strike lines 20 through 27 and substitute:
54
55 "SECTION 5. Act subject to petition - effective date. This act
56 takes effect at 12:01 a.m. on the day following the expiration of the
1 ninety-day period after final adjournment of the general assembly
2 (August 2, 2019, if adjournment sine die is on May 3, 2019); except that,
3 if a referendum petition is filed pursuant to section 1 (3) of article V of
4 the state constitution against this act or an item, section, or part of this act
5 within such period, then the act, item, section, or part will not take effect
6 unless approved by the people at the general election to be held in
7 November 2020 and, in such case, will take effect on the date of the
8 official declaration of the vote thereon by the governor.".
9
10 Page 12 of the bill, strike lines 1 through 7.".".
11
12