Adopted

AMENDMENT NO 1 TO AMENDMENT NO 1 PROPOSED TO

House Bill No.   41

BY: Senator(s) Robertson

     Amend by striking lines 245 through 248 and inserting in lieu thereof the following:

          (a)  Until such time as:

               (i)  The Legislature appropriates Fifty Million Dollars ($50,000,000.00) from the State General Fund to the Department of Finance and Administration for administration of the program established in Section 6 of this act; and

               (ii)  The Executive Director of the Department of Finance and Administration certifies to the State Bond Commission that the bond proceeds will be utilized in conjunction with federal funds to provide grants to individuals who sustained physical damage to homes or apartment complexes due to flooding or storm surge as a result of Hurricane Katrina, or a storm that occurred as a result of Hurricane Katrina, and who had no flood insurance or other insurance providing coverage for such damage; or