CS FOR SENATE BILL NO. 196(FIN) "An Act relating to the amount appropriated for power cost equalization; relating to the use of certain unexpended earnings from the power cost equalization endowment fund; and providing for an effective date." HOUSE CS FOR CS FOR SENATE BILL NO. 196(FIN) "An Act relating to the amount appropriated for power cost equalization; relating to the use of certain unexpended earnings from the power cost equalization endowment fund; and providing for an effective date." 8:34:17 AM Chair Hoffman announced that the Conference Committee operated under Uniform Rule 42. He announced that there would be no public testimony. He remarked that the adoption of the conference committee report required an affirmative vote by a majority of the membership from each body. He announced that the two versions of the bill, CSSB 196(FIN) version U; and HCS CSSB 196(FIN) version R would be considered in the meeting. Senator MacKinnon MOVED to ADOPT the Senate version of the bill, version U. Vice-Chair Edgmon OBJECTED. A roll call vote was taken on the motion. IN FAVOR: Hoffman, MacKinnon, Bishop OPPOSED: Edgmon, Saddler, Kawasaki The MOTION FAILED (3/3), therefore, version U FAILED to be ADOPTED. Vice-Chair Edgmon MOVED to ADOPT the House version of the bill, version R. Chair Hoffman OBJECTED A roll call vote was taken on the motion. IN FAVOR: Edgmon, Saddler, Kawasaki OPPOSED: Hoffman, MacKinnon, Bishop The MOTION FAILED (3/3), therefore, version R FAILED to be ADOPTED. Chair Hoffman requested limited powers from the respective bodies. Vice-Chair Edgmon MOVED to request limited powers of free conference for SB 196 on Section 3. There being NO OBJECTION, it was so ordered. SB 196 was HEARD and HELD in committee for further consideration.