Rep. SELLERS proposes the following Amendment No. 77 to H.3700 as introduced by Ways & Means
(Doc Name h:\legwork\house\amend\H-WM\008\AID TO SUBS FINANCIAL AUDITS.DOCX):
EXPLANATION: Allows certain non-court cities to submit an Agreed Upon Procedure.

Amend the bill, as and if amended, Part IB, Section 86, Aid to Subdivisions-State Treasurer, page 481, after line 3, by adding an appropriately numbered paragraph to read:
/(AS-TREAS: Agreed Upon Procedure) Non-court cities that have a budget less than $300,000 may submit an Agreed Upon Procedure instead of a financial audit. the Office of State Treasurer shall develop the criteria for the Agreed Upon Procedures./
Renumber sections to conform.
Amend totals and titles to conform.