March 10, 2001

SENATE FLOOR AMENDMENT number ___1___ to SENATE BILL 556, as amended

Amendment sponsored by Senator Carroll H. Leavell

1. Strike all senate judiciary committee amendments.

2. On page 2, between lines 11 and 12, insert the following new subsection:

"E. "major manufacturing company" means a person who:

(1) manufactures or produces and sells products under its own name or label or is a wholly owned subsidiary of the person who manufactures or produces products; and

(2) maintains or its parent company maintains a net worth or stockholders' equity of at least one hundred million dollars ($100,000,000).".

3. Reletter the succeeding subsections accordingly.

4. On page 2, line 16, after "holder" strike the remainder of the line and on line 17, strike through the second occurrence of "or".

5. On page 4, line 24, after the period insert "The provisions of this section shall not apply to major manufacturing companies' service contracts.".

6. On page 5, between lines 18 and 19, insert the following new subsection:

"C. The provisions of this section shall not apply to major manufacturing companies' service contracts.".

7. On page 6, between lines 23 and 24, insert the following new subsection:

"E. The provisions of this section shall not apply to major manufacturing companies' service contracts.".

8. On page 14, between lines 7 and 8, insert the following new subsection:

"D. The provisions of this section shall not apply to major manufacturing companies' service contracts.".

9. On page 14, between lines 21 and 22, insert the following new subsection:

"C. The provisions of this section shall not apply to major manufacturing companies' service contracts.".

_______________________________

Carroll H. Leavell

Adopted ___________________ Not Adopted ________________________

 (Chief Clerk) (Chief Clerk)

Date _________________