February 7, 2003

Madam President:

Your CORPORATIONS AND TRANSPORTATION COMMITTEE, to whom has been referred

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

1. On page 1, line 20, strike "four" and insert in lieu thereof "five".

2. On page 1, line 22, insert the following new section:

"Section 2. EFFECTIVE DATE.--The effective date of the provisions of this act is January 1, 2004.".

Respectfully submitted,

__________________________________

Roman M. Maes, III, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

The roll call vote was 5 For 0 Against

Yes: 5

No: 0

Excused: Cisneros, Kidd, Robinson, Sanchez, B.

Absent: None

S0253CT1 .144840.1