1.1Senator Betzold moved to amend S.F. No. 2720 as follows:
1.2Page 92, line 24, before "At" insert "(a) "
1.3Page 93, after line 5, insert:
1.4    "(b) When considering vendors under paragraph (a), the school district and the
1.5exclusive representative of the employees shall consider all of the following:
1.6    (1) the vendor's ability to comply with all employer requirements imposed by
1.7section 403(b) of the Internal Revenue Code of 1986 and its subsequent amendments,
1.8other provisions of the Internal Revenue Code of 1986 that apply to section 403(b) of the
1.9Internal Revenue Code, and any regulation adopted in relation to these laws;
1.10    (2) the vendor's experience in providing 403(b) plans;
1.11(3) The vendor's potential effectiveness in providing client services attendant to
1.12its plan and in relation to cost;
1.13    (4) the nature and extent of rights and benefits offered under the vendor's plan;
1.14    (5) the suitability of the rights and benefits offered under the vendor's plan;
1.15    (6) the vendor's ability to provide the rights and benefits offered under its plan; and
1.16(7) the vendor's financial stability."
1.17Amend the title accordingly
1.18The motion prevailed. #did not prevail. So the amendment was #not adopted.