Amend CSSB 1420 (house committee report) as follows:

(1) Strike page 4, line 18, through page 5, line 4, and substitute the following:

(b) The chief financial officer shall:

(1) oversee:

(A) the department's financial activities, including managing the department's debt and loan portfolio and exploring new mechanisms to finance transportation projects; and

(B) the management of the state highway fund; and

(2) certify each month that any state highway construction and maintenance contracts to be awarded by the department during that month will not create state liability that exceeds the department's most recent cash flow forecast.

(2) On page 5, line 5, strike "(d)" and substitute "(c)".

(3) On page 5, line 8, strike "(e)" and substitute "(d)".