evidence_text: Senator Lindsey offered the following amendments:
  
  1. Amend page 68, line 15, after “expenditures” by striking out the balance of the line through “service” on line 21.
  
  2. Amend page 78, following line 2, by inserting:
  
  “ (18) As used in this section:
  
  (a) “Collateral” means funds pledged as security for the satisfaction of a debt.
  
  (b) “School operating expenditures” means any of the following:
  
  ( i ) Costs for school operating purposes as described in section 7.
  
  ( ii ) Purposes for which mills may be levied under section 1211 of the revised school code, MCL 380.1211.
  
  ( iii ) Purposes for which a sinking fund may be created under section 1212 of the revised school code, MCL 380.1212.
  
  ( iv ) Purposes for which bonds may be issued under part 17 of the revised school code, MCL 380.1351 to 380.1372.
  
  ( v ) Payment of debt.
  
  ( vi ) Collateral. ”.
  
  The amendments were not adopted, a majority of the members serving not voting therefor.