HOUSE AMENDMENT

                                               Bill No. CS/HB 1721

    Amendment No. 011 (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW

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11  The Committee on Finance & Taxation offered the following:

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13         Amendment 

14         On page 15, lines 3-14

15  remove from the bill:  all of said lines

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17  and insert in lieu thereof:

18         (7)  ENDOWMENT PRINCIPAL; APPROPRIATION OF

19  EARNINGS.--The endowment shall receive moneys from the sale of

20  the state's right, title, and interest in and to the tobacco

21  settlement agreement and from following amounts are

22  appropriated transferred from the Department of Banking and

23  Finance Tobacco Settlement Clearing Trust Fund.  Amounts to be

24  transferred from the clearing trust fund shall be in the

25  following amounts for the following fiscal years to the Lawton

26  Chiles Endowment Fund for Health and Human Services:

27         (a)  For fiscal year 1999-2000, $1.1 billion;

28         (b)  For fiscal year 2000-2001, $200 million;

29         (c)  For fiscal year 2001-2002, $200 million; and

30         (d)  For fiscal year 2002-2003, $200 million.

31  Amounts to be transferred pursuant to paragraphs (b), (c), and

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    File original & 9 copies    04/26/00
    hft0006                     06:06 pm         01721-ft  -864939




                                                   HOUSE AMENDMENT

                                               Bill No. CS/HB 1721

    Amendment No. 011 (for drafter's use only)





 1  (d) shall be reduced by an amount equal to the lesser of $200

 2  million or the amount the endowment receives in that fiscal

 3  year pursuant to the sale of the state's right, title, and

 4  interest in and to the tobacco settlement agreement.

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    File original & 9 copies    04/26/00
    hft0006                     06:06 pm         01721-ft  -864939