Adopted

AMENDMENT NO 1 PROPOSED TO

House Bill No.  431

BY: Representative Malone

     AMEND by inserting the following language after line 81:       Any land leased, as provided in this section, shall not be leased for an amount less than would be received if such land were to be leased under any federal loan program.  In addition, all leases shall be subject to the final approval of the Public Procurement Review Board before such leases are to become effective.

 

     AMEND FURTHER the title by inserting the following language after the semicolon on line 5:  TO PROVIDE THAT SUCH LEASES SHALL NOT BE LEASED FOR AN AMOUNT LESS THAN WOULD BE RECEIVED IF SUCH LAND WERE TO BE LEASED UNDER ANY FEDERAL LOAN PROGRAM;