2004-03-03                     House Journal                      Page 2809
HB 495                                                                                            
The Finance Committee has considered:                                                               
                                                                                                    
    HOUSE BILL NO. 495                                                                              
    "An Act relating to the four dam pool joint action agency; and                                  
    providing for an effective date."                                                               
                                                                                                    
and recommends it be replaced with:                                                                 
                                                                                                    
    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."                                     
                                                                                                    
The report was signed by Representatives Harris and Williams, Co-                                   
chairs, with the following individual recommendations:                                              
                                                                                                    
Do pass (7):  Hawker, Joule, Croft, Meyer, Foster, Harris, Williams                                 
                                                                                                    
No recommendation (3):  Stoltze, Moses, Fate                                                        
                                                                                                    

2004-03-03                     House Journal                      Page 2810
The following fiscal note(s) apply to CSHB 495(FIN):                                                
                                                                                                    
1.  Zero, Dept. of Community & Economic Development                                                 
                                                                                                    
HB 495 was referred to the Rules Committee for placement on the                                     
calendar.