SB1871sam001 98TH GENERAL ASSEMBLY

Sen. Linda Holmes

Filed: 3/15/2013

 

 


 

 


 
09800SB1871sam001LRB098 10252 MLW 42893 a

1
AMENDMENT TO SENATE BILL 1871

2    AMENDMENT NO. ______. Amend Senate Bill 1871 as follows:
 
3on page 10, by replacing lines 17 through 23 with the
4following:
 
5    "If, after releasing security to a judgment debtor or
6claimant, the balance of the security posted with the Secretary
7is $5 or less, the balance shall be transferred to the General
8Revenue Fund. The Secretary shall compile a list of all
9security amounts of $5 or less annually in July and shall
10certify that amount to the State Comptroller. As soon as
11possible after receiving the certification, the State
12Comptroller shall order transferred and the State Treasurer
13shall transfer the amount certified to the General Revenue
14Fund.".