FORTY-THIRD LEGISLATURE            SB 751/a
                        FIRST SESSION, 1997
  
  
                                                   March 20, 1997
  
  Mr. President:
  
      Your FINANCE COMMITTEE, to whom has been referred
  
                          SENATE BILL 751
  
  has had it under consideration and reports same with recommendation
  that it DO PASS, amended as follows:
  
      1.  On page 2, line 10, strike "twelve" and insert in lieu
  thereof "twenty".
  
      2.  On page 2, line 11, before the semicolon insert "in fiscal
  year 1998, eighteen percent in fiscal year 1999 and sixteen percent
  in fiscal year 2000 and each fiscal year thereafter".
  
      3.  On page 4, line 12, strike "twelve" and insert in lieu
  thereof "twenty", and before the period insert "in fiscal year 1998,
  eighteen percent in fiscal year 1999 and sixteen percent in fiscal
  year 2000 and each fiscal year thereafter".
  
      4.  On page 4, line 24, strike the closing quotation mark and
  between lines 24 and 25, insert the following new subsection:
  
          "E.  If operating expenses of the lottery for any fiscal
  year are less than the maximum allowed by law, ten percent of the
  amount of the difference between actual operating expenses and the
  maximum allowed shall be used to provide bonuses to lottery
  employees.  Bonuses shall be distributed in accordance with a bonus
  plan adopted by the board that sets bonus amounts commensurate with
  an employee's cost-savings responsibility.  No bonus for any one
  employee shall exceed ten thousand dollars ($10,000).  The remaining
  amount of cost-savings realized shall be considered net revenues for
  distribution as provided in this section."".
  
  
  
  
  
  
  
  
  
  
  
  
                               Respectfully submitted,
  
  
  
                               __________________________________
                               Ben D. Altamirano, Chairman 
  
  
  
  Adopted_______________________   Not Adopted_______________________
            (Chief Clerk)                          (Chief Clerk)
  
  
                    Date ________________________
  
  
  The roll call vote was  7  For  0  Against
          Yes:    7
          No:     None
               Excused:     Aragon, Ingle, McKibben, Smith
          Absent: None
  
  
  S0751FC1                                               119042.1