March 16, 1999

Mr. President:

Your CONSERVATION COMMITTEE, to whom has been referred

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

1. Strike APPROPRIATIONS AND FINANCE COMMITTEE amendments one and two.

2. On page 1, line 20, after "interconnected," insert "real time and".

3. On page 2, line 6, after the period insert "The analysis shall also include price differentials of on-peak and off-peak electricity.".,

and thence referred to the FINANCE COMMITTEE.

Respectfully submitted,

__________________________________

Fernando R. Macias, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

The roll call vote was 8 For 0 Against

Yes: 8

No: None

Excused: Eisenstadt, Sanchez

Absent: None

H0218CO1 .129207.1