]
COMMITTEE REPORT
YES:
10
NO:
1
MR. SPEAKER:
Your Committee on Local Government , to which was referred House Bill 1695 ,
has had the same under consideration and begs leave to report the same back to the House with
the recommendation that said bill be amended as follows:
SOURCE: Page 3, line 18; ()AM169501.3. -->
Page 3, line 18, delete "will".
Page 3, line 19, delete "investment" and insert "
commitment".
Page 3, line 19, after "hundred" insert "
twenty-five".
Page 3, line 20, delete "($100,000,000)." and insert "
($125,000,000),
and the commission and the board must determine that:
(1) the total capital investment for the project, or series of
projects, will be in excess of five hundred million dollars
($500,000,000) at the completion of the project, or series of
projects; and
(2) the project would not otherwise be accomplished through
the ordinary operations of private investment because of the
unique quality and scope of the project or series of projects.".
(Reference is to HB 1695 as introduced.)
and when so amended that said bill do pass.
__________________________________
AM169501/DI 73 2005