March 10, 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 2, strike the period and closing quotation mark and insert in lieu thereof "; provided that inability to pay for or afford premiums shall not, by itself, constitute extraordinary circumstances."".

Respectfully submitted,

__________________________________

Roman M. Maes, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

The roll call vote was 7 For 0 Against

Yes: 7

No: 0

Excused: Aragon, Kysar, Robinson

Absent: None

S0596CT1 .128629.1