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Amend CSHJR 77 (House committee printing) as follows:
(1) On page 3, line 2, between "available school fund," and
"and", insert "funds described by Subsection (a-1),".
(2) Between page 3, line 27 and page 4, line 1, insert the
following and amend the recital for SECTION 3 appropriately:
(a-1) If the permanent school fund is not able to make a
distribution for a fiscal year under Subsection (a)(1) or (2), the
School Land Board may distribute to the available school fund for
the fiscal year an amount not to exceed the five-year annual average
of funds released by the School Land Board for use by the permanent
school fund. A vote to transfer funds to the available school fund
by the School Land Board under this section must be unanimous.