1.1.................... moves to amend H.F. No. 1049, the delete everything amendment
1.2(H1049DE4), as follows:
1.3Page 15, delete lines 17 to 21
1.4Page 26, after line 17, insert:

1.5    "Sec. .... PAYMENTS REQUIRED.
1.6(a) The commissioner of revenue must determine the sum of the unreserved fund
1.7balances for both the general fund and any special revenue funds for the counties of
1.8Carver, Faribault, Martin, Scott, and Watonwan, and all cities in those counties based on
1.9the 2009 state auditor's report. The commissioner shall determine a fraction, the numerator
1.10of which is $60,000,000, and the denominator of which is the sum of the fund balances.
1.11(b) The commissioner of revenue shall withhold an amount from all payments to each
1.12jurisdiction for 2011 and 2012 under sections 273.1384, 477A.0124, and 477A.013 equal
1.13to the jurisdiction's reported fund balance times the fraction determined in paragraph (a).
1.14(c) If payments under those sections are not sufficient to cover the entire amount of
1.15the jurisdiction's obligation, the commissioner must bill the treasurer of the jurisdiction
1.16for the remaining amount by March 15, 2013. The jurisdiction must submit a payment to
1.17the commissioner in that amount prior to June 30, 2013."
1.18Renumber the sections in sequence and correct the internal references
1.19Amend the title accordingly