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LRBa0722/1
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2017 - 2018 LEGISLATURE
SENATE AMENDMENT 3,
TO SENATE BILL 293
June 13, 2017 - Offered by Senator Olsen.
SB293-SA3,1,11 At the locations indicated, amend the bill as follows:
SB293-SA3,1,5 21. Page 12, line 16: delete that line and substitute “under ss. 118.60 (7) (am)
32m. and 119.23 (7) (am) 2m. Each private school participating in the program under
4this section is subject to uniform financial accounting standards established by the
5department.
".
SB293-SA3,1,6 62. Page 27, line 12: delete lines 12 to 22 and substitute:
SB293-SA3,1,9 7“a. A financial audit prepared in accordance with generally accepted
8accounting principles with allowable modifications for long-term fixed assets that
9does not contain any indicators that the private school is not financially viable.
SB293-SA3,1,1310 b. Evidence of sound fiscal and internal control practices under sub. (7) (am)
112m. b. for the school year in the financial audit submitted under subd. 1. a. and for
12the subsequent school year, neither of which indicates that the private school is not
13financially viable.”.
SB293-SA3,2,1
13. Page 38, line 4: delete lines 4 to 14 and substitute:
SB293-SA3,2,4 2“a. A financial audit prepared in accordance with generally accepted
3accounting principles with allowable modifications for long-term fixed assets that
4does not contain any indicators that the private school is not financially viable.
SB293-SA3,2,85 b. Evidence of sound fiscal and internal control practices under sub. (7) (am)
62m. b. for the school year in the financial audit submitted under subd. 1. a. and for
7the subsequent school year, neither of which indicates that the private school is not
8financially viable.”.
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