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  SB 247    An  Act  relating  to state  leases  and  to state                 
            lease-purchase and lease-financing agreements, and                 
            repealing a  legislative authorization  previously                 
            given  for acquisition  of  a facility  through  a                 
            lease-purchase  agreement;  and  providing for  an                 
            effective date.                                                    
                                                                               
            SB  247   was  HELD   in  Committee  for   further                 
  discussion.                                                                  
                                                                               
  SENATE BILL 247                                                              
                                                                               
       "An  Act  relating   to  state  leases  and   to  state                 
       lease-purchase  and  lease-financing   agreements,  and                 
       repealing a legislative authorization  previously given                 
       for acquisition of a facility through  a lease-purchase                 
       agreement; and providing for an effective date."                        
                                                                               
  Co-Chair Larson noted that a memorandum from Jack Chenoweth,                 
  legal  drafter indicated  that  SB 247  would  need a  title                 
  change resulting from amendments passed in the House Finance                 
  Committee.    He   stated  that   action  would  require   a                 
  resolution.