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Amend the bill by inserting after section 4 the following:
‘Sec. 5. Appropriations and allocations. The following appropriations and allocations are made.
 
EDUCATION, DEPARTMENT OF
 
Retired Teachers' Health Insurance 0854
 
Initiative: Provides funds to increase the State's contribution for health insurance for retired teachers from 45% to 50% effective January 1, 2007 and from 50% to 55% effective January 1, 2008.

GENERAL FUND	2007-08	2008-09	
All Other	$3,806,299	$4,140,457	
 	  	  	
GENERAL FUND TOTAL	$3,806,299	$4,140,457	
 
’
 
SUMMARY
This amendment adds an appropriations and allocations section to the bill.
 
FISCAL NOTE REQUIRED
(See attached)