5735-S2.E AMH ANDG H3283.1

E2SSB 5735  - H AMD TO H AMD (H-3143.4/09)639
     By Representative Anderson

FAILED 04/14/2009

     On page 2, line 6 of the amendment, after "(1)" insert "(a)"

     On page 2, after line 12 of the amendment, insert the following:
     "(b) Prior to implementing any market mechanism to reduce greenhouse gas emissions in Washington, the governor must have the policy reviewed by national experts familiar with speculation, fraud, creating private markets, and derivative markets, such as the Chicago mercantile exchange, the New York stock exchange, the national association of securities dealers automated quotations, and the United States securities and exchange commission. The public must be given an opportunity to comment on the review."

EFFECT:  Requires the governor to have any market mechanism that reduces greenhouse gas emissions to be reviewed by national experts familiar with creating private markets, fraud, speculation, and derivative markets, such as the Chicago mercantile exchange, the New York stock exchange, the national association of securities dealers automated quotations (NASDAQ), and the United States securities and exchange commission. Requires the public to have an opportunity for comment.

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