March 11, 1999

Mr. President:

Your COMMITTEES' COMMITTEE, to whom has been referred

SENATE WAYS AND MEANS COMMITTEE SUBSTITUTE FOR SENATE BILL 785

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

Respectfully submitted,

__________________________________

Manny M. Aragon, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

S0785CC1