March 12, 1999

Mr. President:

Your CORPORATIONS & TRANSPORTATION COMMITTEE, to whom has been referred

SENATE JUDICIARY COMMITTEE SUBSTITUTE FOR

SENATE BILL 216

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

1. On page 5, line 12, strike "RATE FILING.--Insurer shall file with the", strike lines 13, 14, 15, and 16, and insert in lieu thereof:

"MOTOR VEHICLE INSURANCE RATES.--Effective October 1, 1999, all motor vehicle insurance premium rates will be lowered by fifteen percent (15%).".

Respectfully submitted,

__________________________________

Roman M. Maes, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

The roll call vote was 7 For 1 Against

Yes: 7

No: Maloof

Excused: McKibben, Robinson

Absent: None

S0216CT1