Current Amendment: DAD 78.12 natl gd readiness.DOCX to Bill 3700
Senator LEATHERMAN proposes the following amendment (DAD 78.12 NATL GD READINESS):
Amend the bill, as and if amended, Part IB, Section 78, ADJUTANT GENERAL'S OFFICE, page 469, proviso 78.12, by striking the proviso in its entirety, lines 6 - 9 and inserting
(ADJ: Citadel-S.C. National Guard Readiness Center) The Adjutant General's Office, during Fiscal Year
, shall repay to the General Fund of the State
$1,250,000 $300,000, plus interest,
of the $2,500,000 appropriated by proviso 73.12 of the Fiscal Year 2007-08 Appropriation Act to the Adjutant General's Office for the Citadel-South Carolina National Guard Readiness Center
unless the entire $2,500,000 loan has been repaid, in which case no further payment shall be required
. It is the intent of the General Assembly that $300,000, plus interest, shall be repaid annually until the $1,250,000 balance has been repaid to the General Fund.
Renumber sections to conform.
Amend sections, totals and title to conform.