1647 AMH CFF ROBI1

HB 1647 - H COMM AMD  3-14-91  ADOPTED

     By Committee on Capital Facilities and Financing

     On page 3, line 3, strike all of section 3

     On page 3, line 8, after "committees" insert "quarterly reports on loan applications under consideration and loans awarded by the board and"

     On page 3, line 10, after "1993."  insert "The board shall provide to the legislative fiscal committees a report on January  15, 1995, and January 15, 1996, identifying by county the economic growth and or economic diversification attributable to the loan awards authorized by this act."

EFFECT:  Removes the $7 million appropriation and adds requirements for quarterly reports on loan applications and awards and post-assessment reports in 1995 and 1996 identifying economic growth and diversification resulting from the loans authorized by this act.