04/22/1996 03:08 PM House L&C

 SB 186 - LIMITED LIABILITY PARTNERSHIPS                                     
                                                                               
 Number 787                                                                    
                                                                               
 CHAIRMAN KOTT announced the committee would hear CSSB 186(L&C), "An           
 Act relating to partnerships; and providing for an effective date."           
 He noted the committee has heard the House bill relating to this              
 issue.                                                                        
                                                                               
 Number 801                                                                    
                                                                               
 SHERMAN ERNOUF, Legislative Assistant to Senator Tim Kelly,                   
 explained CSSB 186.  He said the Senate bill and the House bill are           
 identical except for the definition of "partnership" on page 8 of             
 both bills.  Mr. Ernouf said in SB 186, they deleted the language             
 on line 14, "unless the context indicates otherwise."  That was a             
 technical change requested by the Board of Accountancy.  He stated            
 that is the only change between the two bills.                                
                                                                               
 CHAIRMAN KOTT asked if there were any witnesses to testify on the             
 measure.  There being none, Chairman Kott closed the public                   
 hearing.                                                                      
                                                                               
 Number 854                                                                    
                                                                               
 REPRESENTATIVE ELTON moved that CSHB 186(L&C) be moved out of                 
 committee with the attached zero fiscal note and individual                   
 recommendations.                                                              
                                                                               
 CHAIRMAN KOTT asked if there was an objection.  Hearing none, CSHB
(L&C) was moved out of the House Labor and Commerce Committee.