CS FOR HOUSE BILL NO. 196(FIN)                                                                                                
                                                                                                                                
     "An Act relating  to the power project fund  and to the                                                                    
     bulk  fuel revolving  loan  fund;  establishing a  bulk                                                                    
     fuel  loan  account  and  making  the  bulk  fuel  loan                                                                    
     account and the bulk  fuel bridge loan account separate                                                                    
     accounts  in   the  bulk  fuel  revolving   loan  fund;                                                                    
     providing for  technical assistance to  rural borrowers                                                                    
     under the  bulk fuel  bridge loan program;  relating to                                                                    
     the  administration and  investment  of  the bulk  fuel                                                                    
     revolving loan  fund by the division  in the Department                                                                    
     of  Commerce,   Community,  and   Economic  Development                                                                    
     responsible  for community  and  regional affairs;  and                                                                    
     providing for an effective date."                                                                                          
                                                                                                                                
2:21:33 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE   BRYCE  EDGMON,   explained   that  HB   196                                                                    
consolidated the two  rural fuel loans into  the Division of                                                                    
Community  and  Regional  Affairs.   He  remarked  that  the                                                                    
administration supported the bill.                                                                                              
                                                                                                                                
Co-Chair  Stedman  noted   the  three  previously  published                                                                    
fiscal notes.                                                                                                                   
                                                                                                                                
Co-Chair  Hoffman MOVED  to report  CS HB  196 (FIN)  out of                                                                    
committee   with   individual    recommendations   and   the                                                                    
accompanying  fiscal notes.  Seeing NO  OBJECTION it  was SO                                                                    
ORDERED.                                                                                                                        
                                                                                                                                
CS HB 196 (FIN) was REPORTED out of committee with a  "do                                                                       
pass"  recommendation and  with previously  published fiscal                                                                    
notes: FN 4 (HFIN/DCCED), FN5 (HFIN/DCCED), and  FN6                                                                            
(FIN/DCCED).                                                                                                                    
                                                                                                                                
2:22:56 PM                                                                                                                    
RECESSED                                                                                                                        
                                                                                                                                
4:34:20 PM                                                                                                                    
RECONVENED