SENATE AMENDMENT
Bill No. SB 304 Barcode 635438
Amendment No. ___
CHAMBER ACTION
Senate House
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03/21/2001 09:31 AM .
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11 Senator Pruitt moved the following amendment:
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13 Senate Amendment (with title amendment)
14 On page 3, between lines 25 and 26,
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16 insert:
17 (e) The administrative costs of the deferred
18 compensation plan shall be wholly or partially self-funded.
19 Fees for self-funding of the plan shall be paid by investment
20 providers and may be recouped from their respective plan
21 participants. The fees shall be deposited in the Deferred
22 Compensation Trust Fund.
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26 And the title is amended as follows:
27 On page 3, line 13, following the semicolon
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29 insert:
30 providing for funding costs of the deferred
31 compensation plan;
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8:03 AM 03/21/01 s0304c-27b01