FORTY-SEVENTH LEGISLATURESB 392/a

FIRST SESSION, 2005

February 25, 2005

Madam President:

    Your FINANCE COMMITTEE, to whom has been referred

SENATE BILL 392

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

    1. On page 8, line 9, after "and" insert "are intended to provide income to the severance tax permanent fund. All market rate investments and differential rate investments".

                               Respectfully submitted,

                               __________________________________

                               Joseph A. Fidel, Chairman

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 6 For 0 Against

Yes:      6

No:       0

Excused: Jennings, Leavell, Rawson, Tsosie

Absent:   None

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