February 10, 1999

Mr. Speaker:

Your TAXATION AND REVENUE COMMITTEE, to whom has been referred

HOUSE BILL 487

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

1. On page 5, line 8, strike "fifteenth day of the third month" and strike line 9 up to the period and insert in lieu thereof "due date of the entity's federal return for the taxable year".

Respectfully submitted,

Jerry W. Sandel, Chairman

Adopted Not Adopted

(Chief Clerk) (Chief Clerk)

The roll call vote was 14 For 0 Against

Yes: 14

Excused: Burpo

Absent: None

.127251.1

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