March 2, 2001

Mr. President:

Your PUBLIC AFFAIRS COMMITTEE, to whom has been referred

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

1. On page 1, line 12, strike "CATASTROPHIC" and insert in lieu thereof "BASIC".

2. On page 16, line 10, strike "CATASTROPHIC" and insert in lieu thereof "BASIC".

3. On page 16, line 16, strike "catastrophic" and insert in lieu thereof "basic".

4. On page 16, line 18, strike "catastrophic" and insert in lieu thereof "basic".

5. On page 19, line 5, strike "CATASTROPHIC" and insert in lieu thereof "BASIC".

6. On page 19, line 10, strike "catastrophic" and insert in lieu thereof "basic".

7. On page 19, line 13, strike "catastrophic" and insert in lieu thereof "basic".,

and thence referred to the CORPORATIONS & TRANSPORTATION COMMITTEE.

Respectfully submitted,

__________________________________

Shannon Robinson, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

The roll call vote was 5 For 3 Against

Yes: 5

No: Feldman, Papen, Sanchez, B.

Excused: Garcia

Absent: None

S0478PA1 .137317.1