FORTY-THIRD LEGISLATURE
                          FIRST SESSION
  
                                                      March 12, 1997
  
  
  HOUSE FLOOR AMENDMENT number __1____ to SENATE BILL 223, as amended 
  
  Amendment sponsored by Representative Luciano "Lucky" Varela
  
  
    1.  On page 3, line 14, after the period insert "Any negotiated
  sale shall be made with one or more investment bankers whose services
  are obtained through a competitive proposal process.  For any sale, the
  state treasurer shall also procure through a competitive proposal
  process the services of any financial adviser and bond counsel, unless
  the state treasurer contracts with the state board of finance to employ
  the services of the board's financial adviser or bond counsel under
  contracts the board may have, from time to time, with those
  professionals.". 
  
  
  
  
                                        ___________________________
                                        Luciano "Lucky" Varela
  
  
  
  Adopted ___________________   Not Adopted ___________________________
           (Chief Clerk)                       (Chief Clerk)
  
  
                  Date ________________