HB 79-UNIFORM COMMERCIAL CODE:LETTERS OF CREDIT                                                                         
                                                                                                                                
CHAIRMAN MACKIE called the Senate Labor and Commerce Committee                                                                  
meeting to order at 2:20 p.m. and announced HB 79 to be up for                                                                  
consideration.                                                                                                                  
                                                                                                                                
REPRESENTATIVE ROKEBERG, sponsor of HB 79, said 40 other states                                                                 
have adopted similar legislation.                                                                                               
                                                                                                                                
SENATOR DONLEY moved to pass HB 79 from committee with individual                                                               
recommendations.  There were no objections and it was so ordered.