FORTY-EIGHTH LEGISLATURESB 1119/a

FIRST SESSION, 2007

February 25, 2007

Madam President:

    Your PUBLIC AFFAIRS COMMITTEE, to whom has been referred

SENATE BILL 1119

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

    1. On page 3, line 21, after "project" insert "or to other creditors to which payments are due under the other financing agreements entered into for a specific project".

    2. On page 4, line 14, after "payments" insert "or payments due under the other financing agreements".

    3. On page 4, line 15, after "bonds" insert "or to the creditors under the other financing agreements".

    4. On page 4, line 19, after "bonds" insert "or to the creditors under the other financing agreements".

    5. On page 4, line 23, strike "to provide" and insert in lieu thereof ", or other financing agreements entered into, for the purpose of providing".

    6. On page 5, line 5, after "bonds" insert "or other financing agreements".

    7. On page 5, line 11, after "bonds" insert "or other creditors to which payments are due under other financing agreements entered into for the project".

    8. On page 6, line 1, after "bonds" insert "and creditors under the other financing agreements".

    9. On page 6, line 3, after "bonds" insert "or other obligations".

    10. On page 6, line 5, after "holders" insert "or other creditors".,

and thence referred to the CORPORATIONS AND TRANSPORTATION COMMITTEE.

                               Respectfully submitted,

                               __________________________________

                               Dede Feldman, Chairman

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 5 For 0 Against

Yes:      5

No:       0

Excused: Garcia, Kernan, Komadina, Ulibarri

Absent:   None

SB1119PA1                                                  .168356.1