1st Sub. H.B. 446
         SURPLUS LANDS AMENDMENTS

house floor Amendments

Amendment 3 February 23, 2006 4:37 pm



Representative Craig A. Frank proposes the following amendments:

1.    Page 1, Line 17 :    

             17      certain purposes;
{   and   }       

    . requires school districts that sell surplus property under this bill to place the sale proceeds in a capital facilities fund to be used only for capital facilities or bond debt reduction; and  


2.    Page 2, Line 43
    House Committee Amendments
    2-22-2006 :
    

             43          (a) an amount that is
{   H. [10%] 5% .H below   } the average of:


3.    Page 4, Line 88 :    

             88          (c) a cultural center or community center.
    
  (7)(a) A school district that sells surplus property under this part may use proceeds from the sale only for bond debt reduction or school district capital facilities.

    (b) Each school district that sells surplus property under this part shall place all proceeds from the sale that are not used for bond debt reduction in a capital facilities fund of the school district for use for school district capital facilities.  


Page 1 of 1
hb0446s01.hfa.03.wpd Rrees Rrees