March 17, 1999

Mr. President:

Your CORPORATIONS & TRANSPORTATION COMMITTEE, to whom has been referred

has had it under consideration and reports same with recommendation that it DO NOT PASS, but that

SUBSTITUTE FOR SENATE BILL 764

DO PASS, and further recommend that it now be referred to the COMMITTEES' COMMITTEE thence the FINANCE COMMITTEE.

Respectfully submitted,

__________________________________

Roman M. Maes, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

The roll call vote was 6 For 0 Against

Yes: 6

No: 0

Excused: Aragon, Fidel, McKibben, Maloof

Absent: None

S0764CT1