FORTY-SIXTH LEGISLATURE

FIRST SESSION, 2003





March 5, 2003





Mr. Speaker:



Your JUDICIARY COMMITTEE, to whom has been referred



HOUSE BILL 798



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



1. On page 2, line 1, strike "twenty-five million dollars ($25,000,000)" and insert in lieu thereof "fifty million dollars ($50,000,000)".



2. On page 2, line 13, strike Subsection B in its entirety and reletter the succeeding subsection accordingly.



3. On page 2, line 25, and page 3, line 1, strike "twenty-five million dollars ($25,000,000)" and insert in lieu thereof "fifty million dollars ($50,000,000)".



4. On page 3, between lines 12 and 13, insert:



"C. Notwithstanding the provisions of Subsections A and B of this section, if an appellee proves by a preponderance of the evidence that an appellant is dissipating assets, a court shall enter orders that are necessary to protect the appellee and shall require the appellant to post a bond that is equal to the total amount of judgment.".



Respectfully submitted,







W. Ken Martinez, Chairman





Adopted Not Adopted

(Chief Clerk) (Chief Clerk)



Date



The roll call vote was 7 For 3 Against

Yes: 7

No: Beam, Garcia, Stewart

Excused: Godbey

Absent: None







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