S1310B1849A07728     AJM:CDM  12/13/11     #90        A07728

  

  

  

  

AMENDMENTS TO SENATE BILL NO. 1310

Printer's No. 1849

  

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Amend Bill, page 30, by inserting between lines 3 and 4

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Section 1410.  Annual report required.

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No later than March 1 of the year following the first full

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year in which bonds have been issued under this article, and for

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each year thereafter in which bond obligations existed in the

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prior year, the department shall submit an annual report to the

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chairman and minority chairman of the Labor and Industry

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Committee of the Senate and to the chairman and minority

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chairman of the Labor and Industry Committee of the House of

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Representatives providing all data available on bonds issued or

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existing in the prior year. The report shall include, but not be

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limited to, existing and anticipated bond principal, interest

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and administrative costs, revenue, repayments, refinancing,

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annual savings to employers and any other relevant data, facts

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and statistics that the department believes necessary in the

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content of the report.

  

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