March 12, 1999

Mr. President:

Your WAYS & MEANS COMMITTEE, to whom has been referred

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

1. Strike House Taxation and Revenue Committee Amendment 3.

2. On pages 5 through 10, strike Section 4 in its entirety.

3. Renumber the succeeding sections accordingly.

4. On page 13, line 1, strike "No" and insert in lieu thereof "With respect to refunds first claimed on or after July 1, 1999, no".

5. On page 16, line 25, after "taxpayer" insert "on or after July 1, 1999".

6. On page 21, strike lines 10 through 13.

7. Reletter the succeeding subsections accordingly.

Respectfully submitted,

__________________________________

Carlos R. Cisneros, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

The roll call vote was 6 For 0 Against

Yes: 6

No: 0

Excused: Carraro, Duran, Kidd

Absent: None

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