View Amendment Current Amendment: 318R001.KMM.TCA.docx to Bill 318     The Committee on Finance proposed the following amendment (318R001.KMM.TCA):
    Amend the bill, as and if amended, page 2, by striking lines 8 through 27 and inserting:
/     Section 11-60-30.     (A)     Annually, on or before February first, every state department, board, commission, committee, agency, or authority that has entered into a pay-for-success contract shall provide a status report for its outstanding pay-for-success contracts, provided that each contract's procurement is compliant with the procurement code governing procurements made by the state department, board, commission, committee, agency, or authority.
    (B)     Status reports pursuant to subsection (A) must be provided to the Governor, the Chairman of the Senate Finance Committee, and the Chairman of the House of Representatives Ways and Means Committee.
    (C)     In status reports to the Governor and the General Assembly pursuant to subsection (A), the Board of Economic Advisors shall account for the trust fund revenue separately from general fund revenues.
    (D)     The State Treasurer is authorized to receive funds from other governmental entities if those funds are subject to a valid pay-for-success contract. The State Treasurer shall make payments from the trust fund in accordance with the terms and conditions of the pay-for-success contracts.         /

    Renumber sections to conform.
    Amend title to conform.