CS FOR SENATE BILL NO. 188(CRA)                                                                                            
     "An Act increasing the maximum amount of loans from the                                                                    
     bulk fuel revolving loan fund to one borrower."                                                                            
                                                                                                                                
                                                                                                                                
9:19:00 AM                                                                                                                    
                                                                                                                                
This was the  second hearing for this bill in  the Senate Finance                                                               
Committee.                                                                                                                      
                                                                                                                                
Co-Chair Green  reminded that  committee substitute,  Version 24-                                                               
LS0952\S, had  been adopted  during the  bill's first  hearing in                                                               
the Committee.                                                                                                                  
                                                                                                                                
9:19:19 AM                                                                                                                    
                                                                                                                                
Senator  Olson, the  bill's sponsor,  communicated that  the bill                                                               
would  increase  the  loan  limit allowed  under  the  Bulk  Fuel                                                               
Revolving  Loan Fund  program;  thereby  allowing communities  to                                                               
purchase  larger  quantities of  bulk  fuel  and to  account  for                                                               
higher fuel costs.                                                                                                              
                                                                                                                                
Co-Chair Wilken  asked whether either  Amendment #1  or Amendment                                                               
#2 [copies on file] had been adopted.                                                                                           
                                                                                                                                
Co-Chair Green expressed neither  had been adopted. [Amendment #1                                                               
was offered but failed to be  adopted during the first hearing on                                                               
the bill. Amendment #2 had been withdrawn.]                                                                                     
                                                                                                                                
Senator  Olson  moved to  report  the  bill from  Committee  with                                                               
individual recommendations and accompanying fiscal notes.                                                                       
                                                                                                                                
There  being  no objection,  CS  SB  188(FIN) was  REPORTED  from                                                               
Committee with new  zero fiscal note dated February  8, 2006 from                                                               
the Department of Commerce, Community and Economic Development.                                                                 
                                                                                                                                
9:20:56 AM