FORTY-SEVENTH LEGISLATURE

SECOND SESSION, 2006

February 7, 2006

 

 

Mr. Speaker:

 

    Your BUSINESS AND INDUSTRY COMMITTEE, to whom has been referred

 

HOUSE BILL 501

 

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

 

 

     1. On page 2, line 10, strike "three hundred thousand dollars ($300,000)" and insert in lieu thereof "one million dollars ($1,000,000)".

 

     2. On page 4, between lines 7 and 8, insert the following new subparagraph to read:

 

                     "(h) research and development services;".

 

     3. Reletter the succeeding subparagraphs accordingly.,

 

and thence referred to the TAXATION AND REVENUE COMMITTEE.                             

                             Respectfully submitted,

 

 

 

                                                                 

Fred Luna, Chairman

 

 

Adopted     Not Adopted

           (Chief Clerk)                            (Chief Clerk)

 

Date

 

 

The roll call vote was 9 For 0 Against

Yes:      9

No:       0

Excused:  Campos, Hanosh, Marquardt, Trujillo

Absent:   None

 

.161720.1

 

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