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     On page 1 of the House Education Committee engrossed bill, delete lines 7 to 12, inclusive, and insert:

"

             (2)    "Per student allocation," for fiscal year 2009 is the amount appropriated by the Legislature in fiscal year 2008 through the General Appropriations Act for postsecondary career and technical education, including the portions thereof that were reserved for specific purposes in accordance with ARSD 24:10:42:27, divided by the sum of the student FTE of the four postsecondary technical institutes for academic year 2006. For fiscal year 2010 and thereafter, it is the previous year's per student allocation increased by the index factor;

             (3)    "Base funding allocation," the per student allocation multiplied by the sum of the average student FTE of the four postsecondary technical institutes for the academic year before the year immediately preceding the year in which the allocation will be distributed. The base funding allocation may not be used for bond payments;".

     On page 1, line 13, delete "(3)" and insert "(4)".

     On page 2, delete lines 2 to 4, inclusive, and insert:

"

             (5)    "Index factor," the annual percentage change in the consumer price index for urban wage earners and clerical workers as computed by the Bureau of Labor Statistics of the United States Department of Labor for the year before the year immediately preceding the year of adjustment;".

     On page 2, line 5, delete "(5)" and insert "(6)".

     On page 2, line 9, delete "(6)" and insert "(7)".

     On page 2, line 12, delete "(7)" and insert "(8)".

     On page 2, line 14, delete "(8)" and insert "(9)".

     On page 2, line 17, delete "(9)" and insert "(10)".

     On page 2, line 19, delete "(10)" and insert "(11)".

     On page 2, line 22, delete "(11)" and insert "(12)".