HB2222 HFIN AM 3-9
The Committee on Finance moves to amend the bill on page two, section one, line six, following the word "authorized" by inserting a comma and inserting the following:
"On page one, subsection 2.2, by deleting the last sentence and inserting in lieu thereof the following:
'In calculating the schedule, the Authority may include moneys for an operational reserve fund: Provided, That moneys budgeted for the operational reserve fund may not exceed the amount of actual operational expenditures incurred during a three month period in the preceding fiscal year; Provided, however, That such three month period must be the three month period with the lowest operational expenditures for any three month period in the preceding fiscal year.'."