05/09/1994 09:45 PM House FIN

  SENATE BILL NO. 70                                                           
                                                                               
       "An Act establishing a loan guarantee and interest rate                 
       subsidy program for assistive technology."                              
                                                                               
  ROXANNE STEWART,  STAFF,  SENATOR JIM  DUNCAN suggested  the                 
  following language  be deleted  from the  legislation:   "if                 
                                                                               
                                1                                              
                                                                               
                                                                               
  there  is  less  than  $200,000   thousand  dollars  in  the                 
  assistive  technology  loan guarantee  fund  or" on  page 3,                 
  lines 2 and 3.  She explained that the language might  delay                 
  the  effective  date of  the loan  program  for a  couple of                 
  years,  since  the annual  federal  funds available  for the                 
  program is only $100.0 thousand.                                             
                                                                               
  Representative Brown MOVED to delete "if there is  less than                 
  $200,000  thousand dollars in  the assistive technology loan                 
  guarantee fund or" on page 3, lines 2 and 3.  There being NO                 
  OBJECTION, it was so ordered.                                                
                                                                               
  Ms. Stewart observed that the  Department of Education asked                 
  that the an immediate effective date be added.                               
                                                                               
  Representative Navarre MOVED  to ADOPT  a new  section 4  to                 
  provide for  an immediate effective  date.   There being  NO                 
  OBJECTION, it was so ordered.                                                
                                                                               
  Representative Navarre MOVED to report HCS CSSB 70 (FIN) out                 
  of Committee with  individual recommendations  and with  the                 
  accompanying fiscal note.  There being NO OBJECTION, it  was                 
  so ordered.