CS FOR HOUSE BILL NO. 525(FIN) am                                                                                          
     "An Act relating to the issuance of general obligation bonds                                                               
     for the purpose of paying the cost of deferred maintenance of                                                              
     public facilities; and providing for an effective date."                                                                   
                                                                                                                                
                                                                                                                                
This  was the first  hearing  for this  bill in  the Senate  Finance                                                            
Committee.                                                                                                                      
                                                                                                                                
Senator Ward moved  for adoption of SCS CS HB 525,  22-LS1735\L as a                                                            
working draft.                                                                                                                  
                                                                                                                                
There being no objections, the committee substitute was ADOPTED.                                                                
                                                                                                                                
Senator  Ward   offered  a  motion   to  report  "Senate   Committee                                                            
Substitute  for Committee Substitute  for House Bill #525,  Finance,                                                            
Version  L out  of Committee  with  individual  recommendations  and                                                            
accompanying notes."                                                                                                            
                                                                                                                                
There being  no objections,  SCS CS  HB 525(FIN)  was REPORTED  from                                                            
Committee  with  fiscal   note  #1,  dated  May  3,  2002  from  the                                                          
Department of Revenue.