FIFTY-THIRD LEGISLATUREHB 5/a
FIRST SESSION, 2017
January 23, 2017
Mr. President:
Your FINANCE COMMITTEE, to whom has been referred
HOUSE BILL 5, as amended
has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:
1. Strike House Appropriations and Finance Committee Amendments 1, 3 and 4.
2. On page 1, lines 13 and 14, strike "VOIDING AUTHORIZATIONS FOR THE ISSUANCE OF SEVERANCE TAX BONDS FOR CERTAIN CAPITAL PROJECTS;".
3. On page 35, line 6, strike "4 and 5" and insert in lieu thereof "2 and 3".
4. On page 35, line 8, strike "6" and insert in lieu thereof "4".
5. On page 36, line 24, strike "9" and insert in lieu thereof "7".
6. On page 37, between lines 19 and 20, insert the following new section:
"SECTION 8. TEMPORARY PROVISION.--Promptly after the effective date of this act, the board of finance division of the department of finance and administration shall revise its 2017 estimate of the amount of bonding capacity available for severance tax bonds authorized by the legislature.".
7. Renumber the succeeding section accordingly.
___________________________________
John Arthur Smith, Chairman
Adopted_______________________ Not Adopted_______________________
(Chief Clerk) (Chief Clerk)
Date ________________________
The roll call vote was 12 For 0 Against
Yes: 12
No: 0
Excused: None
Absent: None
HB0005FC1.wpd .206180.2