2004-05-10                     Senate Journal                      Page 3597
HB 495                                                                                            
The Finance Committee considered CS FOR HOUSE BILL NO.                                              
495(FIN) "An Act allowing a joint action agency to encumber                                         
property interests for security purposes; declaring certain joint action                            
agencies to be political subdivisions for certain purposes; restricting                             
the sale of property of the joint action agency; allowing the joint action                          
agency to transfer property to security interest holders under a security                           
interest or to other parties without legislative approval; and providing                            
for an effective date" and recommended it be replaced with                                          
                                                                                                    
                     SENATE CS FOR CS FOR HOUSE BILL NO.                                           
          495(FIN)                                                                                  
                                                                                                    

2004-05-10                     Senate Journal                      Page 3598
Signing no recommendation: Senators Green, Wilken, Cochairs;                                        
Senators Dyson, Olson, Bunde. Signing do pass: Senator Ben Stevens.                                 
                                                                                                    
The following previously published fiscal information applies:                                      
 Fiscal Note No. 1, zero, Department of Community and Economic                                      
          Development                                                                               
                                                                                                    
The bill was referred to the Rules Committee.