1.1    .................... moves to amend H. F. No. .... as follows:
1.2Page .., after line .., insert:

1.3    "Sec. .... CAPITAL ACCOUNT TRANSFERS.
1.4    Notwithstanding any law to the contrary, on June 30, 2008, a school district may
1.5transfer money from its reserved for operating capital account to its undesignated balance
1.6in the general fund. This transfer may occur only after the school board has adopted a
1.7written resolution stating the amount of the transfer and declaring that the school district's
1.8operating capital needs are being met.
1.9EFFECTIVE DATE.This section is effective the day following final enactment."