EXPLANATION:
Amend the bill, as and if amended, Part IB, Section 86, AID TO SUBDIVISIONS-STATE TREASURER, page 480, paragraph 86.8, line 18, by striking paragraph /86.8/ and inserting:
/ 86.8 (AS-TREAS: Flexibility) For Fiscal Year 2010-11,
a political subdivision receiving aid from the Local Government
Fund may reduce its support to any state mandated program and
requirement, for which a specific level or amount of support or
funding is not provided by law, by up to a percentage equal to
the percentage reduction in the actual amount appropriated to
the Local Government Fund as compared to the last completed
fiscal year. For Fiscal Year 2011-12, a
political subdivision receiving aid from the Local Government
Fund may reduce its support to any state mandated program or
requirement, by up to a percentage equal to the percentage
reduction in the actual amount appropriated to the Local
Government Fund as compared to the amount required to be
appropriated pursuant to Section 6-27-30./
Renumber sections to conform.
Amend totals and titles to conform.