HB 1695-1_ Filed 02/17/2005, 13:45
Adopted 2/17/2005


Text Box

Adopted Rejected


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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.

__________________________________

Representative Hinkle


AM169501/DI 73    2005