02/23/1994 08:15 AM House RES

  CHAIRMAN WILLIAMS announced he would like to distribute to                   
  the committee a proposed committee substitute which was                      
  drafted for HB 238, the bill relating to the Oil and                         
  Hazardous Substance Release Response Fund.  He said the                      
  committee had three hearings on the bill last session and                    
  during the interim and another hearing will be scheduled                     
  soon.                                                                        
                                                                               
  CHAIRMAN WILLIAMS advised he decided to draft a simple,                      
  straightforward version to work from, aimed at fixing what                   
  is broken with the 470 Fund and leaving the rest alone.  He                  
  hoped this approach will simplify and speed up the                           
  deliberations on the bill.  He said he wanted to get the                     
  work draft out to the committee, the oil industry and the                    
  public in advance of the next meeting on the bill, so that                   
  everyone will have a chance to review it.                                    
                                                                               
  ADJOURNMENT                                                                  
                                                                               
  There being no further business to come before the House                     
  Resources Committee, Chairman Williams adjourned the meeting                 
  at 10:10 a.m.