FORTY-NINTH LEGISLATURESB 541/a

FIRST SESSION, 2009

March 9, 2009

Madam President:

    Your FINANCE COMMITTEE, to whom has been referred

SENATE BILL 541, as amended

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

    1. On page 3, line 22, after "1978", insert ", taking into consideration the liquidity requirements of the fund".

                               Respectfully submitted,

                               __________________________________

                               John Arthur Smith, Chairman

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 7 For 0 Against

Yes:     7

No:      0

Excused: Campos, Cisneros, Morales, Neville

Absent:  None

SB0541FC1                                                  .178381.1