SENATE AMENDMENT
    Bill No. CS for SB 1844
    Amendment No. ___   Barcode 280278
                            CHAMBER ACTION
              Senate                               House
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11  Senator Lee moved the following amendment:
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13         Senate Amendment (with title amendment) 
14         On page 9, lines 3-18, delete all of said lines
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16  and insert:  funds pursuant to s. 212.08(5)(j),  or eminent
17  scholars program must be deposited into the trust fund and
18  invested pursuant to s. 18.125 until the State Board of
19  Education Regents allocates the funds to universities to match
20  private donations. Notwithstanding s. 216.301 and pursuant to
21  s. 216.351, any undisbursed balance remaining in the trust
22  fund and interest income accruing to the portion of the trust
23  fund which is not matched and distributed to universities must
24  remain in the trust fund and be used to increase the total
25  funds available for challenge grants.  Funds deposited to the
26  trust fund for the sales tax exemption matching program
27  authorized in s.212.08(5)(j), and interest earnings thereon,
28  shall be maintained in a separate account within the Trust
29  Fund for Major Gifts, and may be used only to match qualified
30  sales tax exemptions that a certified business designates for
31  use by state universities and community colleges to support
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    3:28 PM   03/18/02                               s1844.ed23.ab


                                                  SENATE AMENDMENT
    Bill No. CS for SB 1844
    Amendment No. ___   Barcode 280278
 1  research and development projects requested by the certified
 2  business.  The Board of Regents may authorize any
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 5  ================ T I T L E   A M E N D M E N T ===============
 6  And the title is amended as follows:
 7         On page 1, lines 30 through page 2, lines 2,+ delete
 8  all of said lines
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10  and insert:
11         tax exemptions that a certified business
12         designates for use by state universities and
13         community colleges to support research and
14         development projects requested by the certified
15         business pursuant to s. 212.08(5)(j), F.S.;
16         providing an appropriation for commission
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    3:28 PM   03/18/02                               s1844.ed23.ab