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Amend CSHB 610 as follows:
(1) On page 1, line 23, strike "and one public member".
(2) On page 1, line 24, strike "and".
(3) On page 2, lines 1 and 2, strike "and one public member".
(4) On page 2, line 3, strike the underlined period and
insert the following:
; and
(3) two public members appointed by the governor.
(5) On page 2, line 13, between "meet" and "at", insert "at
least biannually".
(6) On page 2, line 15, between "population" and ";", insert
", including issues that are affected by the demographic and
geographic diversity of the aging population in this state".
(7) On page 3, line 8, between "senate and" and "house",
insert "the".
(8) On page 3, line 26, between "issues" and ";", insert ",
including issues that are affected by the demographic and
geographic diversity of the aging population in this state".
(9) On page 4, strike lines 5 through 15.
(10) On page 4, line 16, strike "(c) A contract entered into
under this section may include" and substitute "(b) If a contract
entered into under this section includes".
(11) On page 4, line 19, strike "reimbursement for the
reasonable" and substitute "to be reimbursed for".
(12) On page 4, line 20, between "duties" and "at the same
rate", insert ", the per diem and reimbursement for travel expenses
incurred must be paid".
(13) Strike page 4, line 22, through page 5, line 7, and
substitute the following:
Sec. 161.303. ESTABLISHMENT AND ADMINISTRATION OF FUND.
(a) The Chris Kyker Endowment for Seniors Fund is a special fund
outside the state treasury held by the comptroller.
(b) The comptroller shall deposit in the fund:
(1) money appropriated to the fund;
(2) grants, gifts, and donations from any other public
or private source; and
(3) income and interest, including depository
interest, as provided by Subsection (f).
(c) The comptroller shall administer and manage the assets
of the fund in accordance with this section and the rules adopted by
the executive commissioner under Section 161.304(c). In managing
the assets of the fund, the comptroller may acquire, exchange,
sell, supervise, manage, or retain, through procedures and subject
to restrictions the comptroller considers appropriate, any kind of
investment that a prudent investor, exercising reasonable care,
skill, and caution, would acquire or retain in light of the
purposes, terms, distribution requirements, and other
circumstances of the fund then prevailing, taking into
consideration the investment of all the assets of the fund rather
than a single investment.
(d) The expenses of managing fund investments shall be paid
from the fund.
(e) On request, the comptroller shall fully disclose all
details concerning the investments of the fund.
(f) Interest earned on the fund shall be credited to the
fund.
(14) On page 5, line 9, strike "appropriated" and substitute
"used".
(15) On page 5, line 16, strike "appropriated" and
substitute "used".
(16) Strike SECTION 2 of the bill (page 5, lines 20 through
23) and substitute the following appropriately numbered SECTION:
SECTION ____. (a) Not later than the 30th day after the
effective date of this Act:
(1) the governor, lieutenant governor, and speaker of
the house of representatives shall appoint members of the
Legislative Committee on Aging, as established by Section 161.252,
Human Resources Code, as added by this Act; and
(2) the lieutenant governor shall appoint the initial
presiding officer under Subsection (c), Section 161.253, Human
Resources Code, as added by this Act.
(b) The Legislative Committee on Aging established by
Section 161.252, Human Resources Code, as added by this Act, shall
convene its initial meeting not later than November 1, 2009.