Sen. Jeffrey M. Schoenberg

Filed: 3/10/2010

 

 


 

 


 
09600SB3383sam001 LRB096 20407 RCE 38668 a

1
AMENDMENT TO SENATE BILL 3383

2     AMENDMENT NO. ______. Amend Senate Bill 3383 as follows:
3 on page 4, line 13, after "entities", by inserting "to"; and
 
4 on page 4, line 24, after the period, by inserting "The
5 Authority shall charge a reasonable fee to the qualified
6 providers in connection with the origination of the loans.";
7 and
 
8 on page 5, line 17, after the period, by inserting "The
9 Authority shall charge a reasonable fee and shall be paid its
10 costs of issuance in connection with its issuance of the
11 bonds."; and
 
12 on page 5, lines 19 and 20, by replacing "one and one-half
13 percent" with "2%"; and
 
14 on page 6, line 7, by replacing "and (ii)" with "and (iii); and
 

 

 

09600SB3383sam001 - 2 - LRB096 20407 RCE 38668 a

1 on page 7, line 16, by replacing "Distressed" with "Financially
2 Distressed"; and
 
3 on page 7, line 19, by replacing "Distressed" with "Financially
4 Distressed" and
 
5 on page 12, by replacing lines 20 through 23 with "shall be
6 paid into the School Infrastructure Fund; then, if"; and
 
7 on page 14, line 3, by replacing "Fund;" with "Fund; then, from
8 the moneys remaining, all unsatisfied amounts certified under
9 Section 6z-82 of the State Finance Act shall be paid into the
10 Financially Distressed Provider Debt Service Fund;".