FIFTY-SECOND LEGISLATURE

SECOND SESSION, 2016

February 4, 2016

Mr. Speaker:

    Your WAYS AND MEANS COMMITTEE, to whom has been referred

HOUSE BILL 61

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

1. On page 5, line 6, strike "and".

     2. On page 5, line 9, strike the period and insert in lieu in thereof "; and".

     3. On page 5, between lines 9 and 10, insert the following new paragraph:

                "(3) administer and manage the accounts and report account activity to the office on an annual or such other basis as determined by the office.".

     4. On page 5, line 24, through page 6, line 1, strike Subsection D in its entirety.

     5. On page 8, between lines 1 and 2, insert the following new section:

     "SECTION 9. DISCLAIMER OF LIABILITY.--The state shall not be liable for financial losses suffered by any account owner, or designated beneficiary, with respect to an account established pursuant to the Accounts for Persons with Disabilities Act.".

     6. Renumber the succeeding sections accordingly.