1.1.................... moves to amend H.F. No. 5, the second engrossment, as follows:
1.2Page 3, line 1, delete "is"
1.3Page 3, line 2, delete "subject to review" and insert "must be reviewed"
1.4Page 3, line 2, after the period, insert "The legislative auditor shall audit the books,
1.5accounts, and affairs of the Minnesota Insurance Marketplace once each year or as often
1.6as the legislative auditor's funds and personnel permit. Upon the audit of the financial
1.7accounts and affairs of the Minnesota Insurance Marketplace, the Marketplace is liable
1.8to the state for the total cost and expenses of the audit, including the salaries paid to the
1.9examiners while actually engaged in making the examination. The legislative auditor may
1.10bill the authority either monthly or at the completion of the audit. All collections received
1.11for the audits must be deposited in the general fund."