Amendments for SB20-006

Senate Journal, January 24
After consideration on the merits, the Committee recommends that SB20-006 be amended
as follows, and as so amended, be referred to the Committee on Appropriations with
favorable recommendation.

Amend printed bill, page 3, strike line 1 and substitute "MONEY THAT A
STUDENT'S".

Page 6, after line 3 insert:
"SECTION 4. In Colorado Revised Statutes, 23-3.3-1005,
amend (4) as follows:
23-3.3-1005. Colorado opportunity scholarship initiative fund
- created - rules. (4) The department is authorized to spend FROM THE
FUND AN AMOUNT OF MONEY EQUAL TO not more than three SEVEN AND
ONE-HALF percent of the moneys in TOTAL EXPENDITURES FROM the fund
FOR THE PRIOR FISCAL YEAR to pay the direct and indirect costs of
administering the initiative in any fiscal year; EXCEPT THAT THE GENERAL
ASSEMBLY MAY AUTHORIZE ADDITIONAL SPENDING FOR ADMINISTRATIVE
COSTS IN ANY FISCAL YEAR THROUGH A FOOTNOTE IN THE ANNUAL
GENERAL APPROPRIATION ACT.".

Renumber succeeding sections accordingly.

Page 6, strike lines 4 through 8.

Renumber succeeding section accordingly.

Page 1, line 102, strike "INITIATIVE, AND, IN" and substitute
"INITIATIVE."

Page 1, strike line 103.