Rep. SANDIFER proposes the following Amendment No. 1a to H. 4612 (COUNCIL\ZW\4612C001.GGS.ZW18):

Reference is to Printer's Date 2\27\18-S.

Amend the bill, as and if amended, Section 40-11-262(A), as contained in SECTION 1, Page 1, by striking subsection (A) in its entirety and inserting:

/      (A)      In lieu of providing a financial statement showing a minimum net worth for a license group as required by Section 40-11-260, an applicant may provide a surety bond from a surety authorized to transact surety business in this State in an amount equal to the required net worth for the applicant's license group with his initial or renewal application.            /

Renumber sections to conform.
Amend title to conform.