AMENDMENT FOR SENATE ENGROSSED BILL
1ol

___________________ moved that SB 1 be amended as follows:


    On page 9 of the Senate engrossed bill, delete lines 16 to 24, inclusive, and insert:

"    10-12-13. The board of county commissioners may levy an annual tax not to exceed one dollar and twenty cents per thousand dollars of taxable valuation as a reserve fund to be accumulated and used for the purpose of matching federal aid grants which have or may hereafter become available maintaining, repairing, constructing, and reconstructing roads and bridges as follows:

            (1)    One dollar and twenty cents per thousand dollars of taxable valuation, if the total taxable valuation of the county is one billion dollars or less:
            (2)    Ninety cents per thousand dollars of taxable valuation, if the total taxable valuation of the county is more than one billion dollars but less than two billion dollars; and
            (3)    Sixty cents per thousand dollars of taxable valuation, if the total taxable valuation of the county is two billion dollars or more.

    Moneys in the fund may be expended in cooperation with the federal government in the laying out, marking, maintaining, constructing, and reconstructing roads and maintaining, constructing, and reconstructing bridges, under the jurisdiction of the board of county commissioners. The tax levy shall be in addition to all other levies authorized to be made by the board of county commissioners for road and bridge purposes provided for in § 10-12-21. The".