2004-03-12                     Senate Journal                      Page 2494
SB 350                                                                                            
The Labor and Commerce Committee considered SENATE BILL NO.                                         
350 "An Act relating to the four dam pool joint action agency; and                                  
providing for an effective date" and recommended it be replaced with                                
                                                                                                    
           CS FOR SENATE BILL NO. 350(L&C) "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."                                          
                                                                                                    
Signing do pass: Senator Bunde, Chair; Senators Davis, Seekins, Gary                                
Stevens. Signing no recommendation: Senator French.                                                 
                                                                                                    
                                                                                                    

2004-03-12                     Senate Journal                      Page 2495
The following fiscal information was published today:                                               
 Fiscal Note No. 1, zero, Department of Community and Economic                                      
           Development                                                                              
                                                                                                    
The bill was referred to the Finance Committee.