February 27, 1999

Mr. President:

Your COMMITTEES' COMMITTEE, to whom has been referred

SENATE PUBLIC AFFAIRS COMMITTEE SUBSTITUTE FOR SENATE BILL 775

has had it under consideration and reports same WITHOUT RECOMMENDATION, and further recommends that it now be referred to the FINANCE COMMITTEE.

Respectfully submitted,

__________________________________

Manny M. Aragon, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

S0775CC1