04/10/2002 01:40 PM Senate JUD

           HB 418-CORPORATE NOTICES/PROCEDURES/VOTING                                                                       
                                                                                                                                
CHAIRMAN  TAYLOR  reminded  committee  members that  they  had  an                                                              
extensive discussion on HB 418 at  Monday's meeting, at which time                                                              
an amendment  to HB 418 was  tabled. He noted  that Representative                                                              
Murkowski, Chair  of the House  Labor and Commerce  Committee, was                                                              
present.                                                                                                                        
                                                                                                                                
SENATOR COWDERY said he initially  offered the amendment and moved                                                              
to withdraw it.                                                                                                                 
                                                                                                                                
CHAIRMAN  TAYLOR  announced  that without  objection,  the  motion                                                              
carried.                                                                                                                        
                                                                                                                                
SENATOR  COWDERY moved  CSHB  418(L&C) to  its  next committee  of                                                              
referral.                                                                                                                       
                                                                                                                                
SENATOR THERRIAULT  asked if a  representative of the  Division of                                                              
Banking and Securities was available.                                                                                           
                                                                                                                                
CHAIRMAN  TAYLOR said  apparently not.  He said  that without  the                                                              
amendment,  the  bill  will  not  have  a  significant  impact  on                                                              
corporations. With  no further objection, CSHB 418(L&C)  was moved                                                              
from committee.