Amend the bill, as and if amended, Part IB, Section 1, DEPARTMENT OF EDUCATION, page 293, proviso 1.86, after line 8, subsection (I), by adding an appropriately numbered item to read:
/ ( ) If at any time during the year, the department has evidence, through audit or otherwise, that a nonprofit scholarship funding organization is not being operated in a manner consistent with the requirements for operating an IRC Section 501(c)(3) organization or is not in compliance with any other provision of this proviso, the department shall force the organization to cease from operating in this State, and any board member or similar executive is prohibited from serving another scholarship funding organization.. An organization may appeal such action in the same manner as a revocation of the program participation. Upon being prohibited from operating in this State, any funds held by the organization must be returned to the donors. /
Renumber sections to conform.
Amend sections, totals and title to conform.