2004-05-01                     Senate Journal                      Page 3192
HB 495                                                                                            
CS FOR HOUSE BILL NO. 495(FIN) BY THE HOUSE FINANCE                                                 
COMMITTEE, entitled:                                                                                
                                                                                                    
          "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."                                                                   
                                                                                                    
was read the first time and referred to the Finance Committee.