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

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EXPLANATION: Adds a new proviso directing the Office of Resilience to submit a report to the General Assembly relating to the Captain Sam's Spit settlement.

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 settlement of litigation or acquisition of property related to Captain Sam's Spit, the administering agency shall submit a report to the General Assembly detailing: (1) the legal basis for the settlement; (2) the estimated litigation exposure to the State; (3) the valuation methodology used to determine the purchase price; and (4) any alternative options considered by the State. No funds authorized in this act may be expended until the report has been submitted and made publicly available./

Renumber sections to conform.

Amend totals and titles to conform.