FORTY-SEVENTH LEGISLATURE

FIRST SESSION, 2005

February 11, 2005

Mr. Speaker:

    Your TAXATION AND REVENUE COMMITTEE, to whom has been referred

HOUSE BILL 409, as amended

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

     1. On page 4, between lines 2 and 3, insert the following new subsections:

          "B. Members of the committee shall be appointed for two-year terms and shall be eligible for reappointment. Vacancies shall be filled by the appropriate appointing authority.

          C. The committee shall be advisory to the authority and shall be subject to oversight by the Mortgage Finance Authority Act oversight committee.".

     2. Reletter the succeeding subsections accordingly.,

and thence referred to the APPROPRIATIONS AND FINANCE COMMITTEE.                            

                             Respectfully submitted,

Donald L. Whitaker, Chairman

Adopted     Not Adopted

           (Chief Clerk)                            (Chief Clerk)

Date

The roll call vote was 12 For 0 Against

Yes:      12

No:       0

Excused:  Gonzales, Hanosh

Absent:   Payne, Tripp

.156001.1

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