Amend CSSB 1420 (house committee printing) as follows:

(1) Strike page 4, lines 18-24 and substitute:

(b) The chief financial officer shall oversee the department's financial activities, including:

(1) financial forecasting of the department's revenues and expenditures;

(2) establishing and monitoring of the department's budget;

(3) financial reporting on federal and state programs; and

(4) managing the department's debt and loan portfolio.

(2) On page 4, line 25 strike "chief financial officer" and substitute "department".

(3) On page 5, between lines 9 and 10, insert:

(f) Each month, the chief financial officer shall certify that the highway construction and maintenance contracts to be awarded by the department during that month will not create a liability to the state in excess of the most recent cash flow forecast issued by the chief financial officer.