Rep. WHITE proposes the following Amendment No. to H.5126 as introduced by Ways & Means

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EXPLANATION: Creates a new proviso under the Office of Resilience that would sunset funds for the Captain Sam's Spit settlement after FY 26-27 and prevent their carryforward without the approval of the General Assembly.

Amend the bill, as and if amended, Part IB, Section 92D, OFFICE OF RESILIENCE, page 470, after line 29, by adding an appropriately numbered proviso to read:

/Prior to the expenditure of any funds for the settlement of litigation or acquisition of property related to Captain Sam's Spit, the State Fiscal Accountability Authority shall obtain an independent legal and financial analysis from a nationally recognized law firm or public policy institution. The analysis must evaluate the litigation risk to the State, the valuation of the property, and the financial terms of the proposed settlement. The completed analysis must be submitted to the General Assembly and made publicly available prior to any expenditure of funds authorized in this act./

Renumber sections to conform.

Amend totals and titles to conform.