FORTY-SEVENTH LEGISLATURE

FIRST SESSION

March 17, 2005

HOUSE FLOOR AMENDMENT number ___1__ to SENATE BILL 181, as amended

Amendment sponsored by Representative

    1. Strike House Appropriations and Finance Committee Amendment 1.

    2. Strike all house education committee amendments.

    3. Strike Senate Finance Committee Amendments 2 and 5.

    4. On page 1, line 12, after "CONTRIBUTIONS" strike the remainder of the line and strike line 13 up to the period.

    5. On page 1, strike lines 21 and 22 and insert in lieu thereof the following:

"according to the following schedule:

             (1) through June 30, 2005, an amount equal to seven and six-tenths percent of the member's annual salary;

             (2) from July 1, 2005 through June 30, 2006, an amount equal to seven and six hundred seventy-five thousandths percent of the member's annual salary;

             (3) from July 1, 2006 through June 30, 2007, an amount equal to seven and seventy-five hundredths percent of the member's annual salary;

             (4) from July 1, 2007 through June 30, 2008, an amount equal to seven and eight hundred twenty-five thousandths percent of the member's annual salary; and

             (5) on and after July 1, 2008, an amount equal to seven and nine-tenths percent of the member's annual salary.".

    6. On page 3, line 2, strike the period and closing quotation mark and insert in lieu thereof a semicolon and between lines 2 and 3, insert the following new paragraphs:

             "(6) from July 1, 2009 through June 30, 2010, a sum equal to twelve and four-tenths percent of the annual salary of each member employed by the local administrative unit;

             (7) from July 1, 2010 through June 30, 2011, a sum equal to thirteen and fifteen hundredths percent of the annual salary of each member employed by the local administrative unit; and

             (8) on and after July 1, 2011, a sum equal to thirteen and nine-tenths percent of the annual salary of each member employed by the local administrative unit."".

    7. On page 3, line 3, through page 5, line 8, strike Sections 2 and 3 in their entirety.

                                    _______________________________

Adopted ___________________ Not Adopted ________________________

          (Chief Clerk)                (Chief Clerk)

                  Date _________________