PROPOSED
HOUSE OF REPRESENTATIVES AMENDMENTS TO H.B. 2308
(Reference to printed bill)
Page 1, line 5, strike "A." insert "A."
Lines 7 and 8, strike "only on warrants approved by as directed by" insert "only on warrants approved by"
Line 9, strike "All district monies" insert "All district monies"; after "shall" insert "may" and strike remainder of line
Strike line 10, insert "be included in the county treasurer's investment pool."
Line 11, strike "B." insert "B."; strike "all"
Strike lines 12 through 16, insert "all private investment of the district's monies is prohibited. Warrants may be issued only to pay for necessary operational expenses, including, but not limited to, lawful claims against the district, district employee payroll and contractual obligations of the district. Warrants may not be issued for investment purposes."
Line 17, strike "C." insert "C."; strike "for"
Strike lines 18 through 20, insert "for banking purposes, the district shall use the same bank as the bank used by the county and county treasurer as their servicing bank. The district may not establish or maintain an account with any other bank."
After line 44, insert:
"Sec. 2. Special health care district monies; transer to county treasurer; no liability
A. All monies to be transferred to a county treasurer pursuant to section 48-5561, Arizona Revised Statutes, as amended by this act shall be transferred to the county treasurer no later than forty-five days after the effective date of this act.
B. The county and county treasurer are not liable, in any capacity, for any special health care district monies not disbursed pursuant to section 48-5561, Arizona Revised Statutes, as amended by this act unless and until the monies are transferred to the possession of the county treasurer."
Amend title to conform