FIFTY-FOURTH LEGISLATUREHB 393/a

FIRST SESSION, 2019

March 7, 2019

Mr. President:

    Your FINANCE COMMITTEE, to whom has been referred

HOUSE BILL 393

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

    1. On page 1, line 11, before "PROVIDING", insert "TRANSFERRING THE TAX STABILIZATION RESERVE TO THE STATE TREASURY ;".

    2. On page 1, lines 19 and 20, strike "There is created within the general fund the "tax stabilization reserve"" and insert in lieu thereof "The "tax stabilization reserve" is created within the state treasury as a reserve fund of the state".

                               Respectfully submitted,

                               ___________________________________

                               John Arthur Smith, Chairman

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 10 For 0 Against

Yes:     10

No:      0

Excused: Cisneros, Rodriguez

Absent:  None

HB0393FC1.wpd                                              .214865.1