February 23, 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 PASS, amended as follows:

1. On page 10, line 6, after "improved" insert "farmland or is improved".,

and thence referred to the FINANCE COMMITTEE.

Respectfully submitted,

__________________________________

Roman M. Maes, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

The roll call vote was 5 For 1 Against

Yes: 5

No: Maloof

Excused: Kidd, Macias, McKibben, Robinson

Absent: None

S0459CT1 .128119.1