SB518 HFIN AM 3-9 #1                                                                                                          McO

            The Committee on Finance moves to amend the bill on page five, section seven, line eleven, following the words “of the authority”, by striking out the semicolon and inserting the following: “under an investment policy adopted and maintained by the board that is consistent with the standards of the Uniform Prudent Investor Act set forth in article six-c, chapter forty-four of this code: Provided, That the board of directors shall consult and invest the funds with the West Virginia Board of Treasury Investments or the West Virginia Investment Management Board”, followed by a semicolon;

            And,

            On page six, section seven, line two, following the words “of the authority”, by striking out the semicolon and inserting the following: “under an investment policy adopted and maintained by the board that is consistent with the standards of the Uniform Prudent Investor Act set forth in article six-c, chapter forty-four of this code: Provided, That the board of directors shall consult and invest the funds with the West Virginia Board of Treasury Investments or the West Virginia Investment Management Board”, followed by a semicolon;

            On page nine, section seven, following line four, by striking out the remainder of the bill;

            And,

            On page one, following the enacting clause, by striking out the enacting section and inserting in lieu thereof the following:

            "That §7-12-7 of the Code of West Virginia, 1931, as amended, be amended and reenacted, to read as follows:".

ADOPTED

REJECTED