sr125_Floor_amend_1_AM_33_0538_3.html
07 AM 33 0538

ADOPTED

Senators Tarver of the 22nd, Meyer von Bremen of the 12th, Powell of the 23rd, Golden of the 8th, Stoner of the 6th and others offered the following amendment:

Amend SR 125 by inserting after "reserves" on line 4 of page 1 the following:
and to maximize the benefits to students of the scholarships by eliminating the automatic benefit reductions for book allowances and student activity fees

By striking line 11 of page 2 and inserting in lieu thereof the following:
percent of the net proceeds of the lottery for the preceding fiscal year;
provided, however, that any law enacted by the General Assembly prior to January 1, 2009, that implements automatic benefit reductions for book allowances, student activity fees, or other related fees based on year-end balances in accounts relating to tuition grants, scholarships, or loans provided pursuant to subparagraph (1) of this subparagraph shall be null and void

By inserting after "reserves" on line 34 of page 2 the following:
and to maximize the benefits to students of the scholarships by eliminating the automatic benefit reductions for book allowances and student activity fees