S.B. No. 1664
AN ACT
relating to private activity bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1372.001, Government Code, is amended by
adding Subdivision (18) to read as follows:
(18) "Water development issue" means a bond issued as
part of an issue of which 95 percent or more of the net proceeds are
to be used to provide facilities for furnishing water, conserving
water, developing water resources, or making water available.
SECTION 2. Subsections (a) and (b), Section 1372.006,
Government Code, are amended to read as follows:
(a) An application for a reservation under Subchapter B or a
carryforward designation under Subchapter C must be accompanied by
a nonrefundable fee in the amount of $500, except that for issuers
of qualified residential rental project bonds the application must
be accompanied by a nonrefundable fee of $5,000, of which the board
shall retain $1,000 to offset the costs of the private activity bond
allocation program and the administration of that program and of
which the board shall transfer $4,000 through an interagency
agreement to the Texas Department of Housing and Community Affairs
for use in the affordable housing research and information program
as provided by Section 2306.259.
(b) An issuer, other than an issuer under Section
1372.022(a)(2), shall submit to the board a closing fee in an amount
that is equal to the greater of:
(1) $1,000; or
(2) 0.025 percent of the principal amount of the bonds
certified as provided by Section 1372.039(a)(1).
SECTION 3. Section 1372.022, Government Code, as amended by
Chapters 1367, 1420, and 1468, Acts of the 77th Legislature,
Regular Session, 2001, is reenacted and amended to read as follows:
Sec. 1372.022. AVAILABILITY OF STATE CEILING TO ISSUERS.
(a) [Prior to August 15 of each year through September 1, 2003:
[(1) 25 percent of the state ceiling is available
exclusively for reservations by issuers of qualified mortgage
bonds;
[(2) 11 percent of the state ceiling is available
exclusively for reservations by issuers of state-voted issues;
[(3) 7.5 percent of the state ceiling is available
exclusively for reservations by issuers of qualified small issue
bonds and enterprise zone facility bonds;
[(4) 16.5 percent of the state ceiling is available
exclusively for reservations by issuers of qualified residential
rental projects bonds;
[(5) 10.5 percent of the state ceiling is available
exclusively for reservations by issuers of qualified student loan
bonds authorized by Section 53.47, Education Code; and
[(6) 29.5 percent of the state ceiling is available
exclusively for reservations by any other issuer of bonds that
require an allocation. The board shall issue 2 percent of the
allocation based on a priority level for projects for the
development of new drinking water sources.
[(b)] If the state ceiling is computed on the basis of $75
per capita or a greater amount, before August 15 of each year:
(1) 28.0 [29.6] percent of the state ceiling is
available exclusively for reservations by issuers of qualified
mortgage bonds;
(2) 8 percent of the state ceiling is available
exclusively for reservations by issuers of state-voted issues;
(3) 2.0 [4.6] percent of the state ceiling is
available exclusively for reservations by issuers of qualified
small issue bonds and enterprise zone facility bonds;
(4) 22.0 [23] percent of the state ceiling is
available exclusively for reservations by issuers of qualified
residential rental project bonds;
(5) 10.5 [8.8] percent of the state ceiling is
available exclusively for reservations by issuers of qualified
student loan bonds authorized by Section 53.47, Education Code,
that are nonprofit corporations able to issue a qualified
scholarship funding bond as defined by Section 150(d)(2), Internal
Revenue Code (26 U.S.C. Section 150(d)(2)); and
(6) 29.5 [26] percent of the state ceiling is
available exclusively for reservations by any other issuer of bonds
that require an allocation.
(b) On and after August 15 but before September 1, that
portion of the state ceiling available for reservations becomes
available for all applications for reservations in the order
determined by the board by lot, subject to Section 1372.0321
[qualified residential rental project issues in the manner
described by Section 1372.0321]. On and after September 1, that
portion of the state ceiling available for reservations becomes
available to any issuer for any bonds that require an allocation,
subject to the provisions of this subchapter.
[(c) This section expires September 1, 2003.]
SECTION 4. Section 1372.0231, Government Code, is amended
by amending Subsections (b) through (f) and adding Subsections (h)
and (i) to read as follows:
(b) With respect to the amount of the state ceiling set
aside under Subsection (a)(1), after the board's review and
approval, the board shall grant reservations at the direction of
the Texas Department of Housing and Community Affairs in accordance
with Section 1372.0321 and criteria established by rules of that
department. Subsequent allocations the board makes on behalf of
that department are subject to review and approval by the board in
accordance with Section 1231.041. Subject to Sections 1372.0321(a)
and (b), the board shall grant reservations:
(1) [in the order determined by the board by lot; and
[(2)] in a manner that ensures that:
(A) the set-aside amount is used for proposed
projects that are located throughout the state; and
(B) not more than 50 percent of the set-aside
amount is used for proposed projects that are located in qualified
census tracts as defined by Section 143(j), Internal Revenue Code
of 1986; and
(2) in the order determined by lot, but only for those
reservations granted between August 15 and November 30 of the
program year.
(c) With respect to the amount of the state ceiling set
aside under Subsection (a)(2), the board shall grant reservations
in a manner that ensures that not more than 50 percent of the
set-aside amount is used for proposed projects that are located in
qualified census tracts as defined by the most recent publication
by the United States Department of Housing and Urban Development
[Section 143(j), Internal Revenue Code of 1986].
(d) Except as provided by Subsection (i), before [Before]
June 1, the board shall apportion the amount of the state ceiling
set aside under Subsection (a)(2) among the uniform state service
regions according to the percentage of the state's population that
resides in each of those regions.
(e) Until May 15 of each year, for each of [For] the uniform
state service regions containing Austin, Dallas, or [and] Houston,
the board shall reserve $15 million of the state ceiling set aside
for the region under Subsection (d) for the areas in the region that
are located [additionally apportion the amount of the state ceiling
set aside for each of those regions under Subsection (d) within the
region according to the percentage of the region's population that
resides in a metropolitan statistical area and the percentage of
the region's population that resides] outside of a metropolitan
statistical area.
(f) In each area described by Subsection (d) or (e), the
board shall grant reservations based on the priority levels of
proposed projects as described by Section 1372.0321 [1372.032].
(h) An application by an issuer of qualified residential
rental project bonds that is submitted after the deadline for
eligibility to participate in the lottery has a priority lower than
that of every application submitted before that date.
(i) Before June 1, the board shall apportion the amount of
the state ceiling set aside under Subsection (a)(2) only among
uniform state service regions with respect to which an issuer has
submitted an application for a reservation of the state ceiling on
or before March 1.
SECTION 5. Subsections (a) and (b), Section 1372.024,
Government Code, are amended to read as follows:
(a) If, before January 2, applications received for
reservations for state-voted issues total more than eight [13]
percent of the available state ceiling for that program year, the
percentage of state-voted ceiling requested that is more than eight
[13] percent of the state ceiling:
(1) is removed from the state ceiling available to
other issuers on January 2; and
(2) is available for those applications for
reservations for state-voted issues.
(b) The amount removed under Subsection (a) may not exceed
eight [4.5] percent of the state ceiling.
SECTION 6. Section 1372.027, Government Code, is amended to
read as follows:
Sec. 1372.027. PUBLICATION OF AVAILABLE STATE CEILING. The
board shall publish at least weekly on its Internet site [biweekly
in the Texas Register]:
(1) a statement of the amount of the available state
ceiling;
(2) a list of the issues that have received a
reservation since the preceding publication, including the amount
of each reservation; and
(3) a list of the issues that had previously received a
reservation that have closed since the preceding publication.
SECTION 7. Section 1372.028, Government Code, is amended by
amending Subsection (b) and adding Subsection (e) to read as
follows:
(b) An issuer may apply for a reservation for a program year
not earlier than October 5 [10] of the preceding year. An issuer
may not submit an application for a program year after December 1 of
that year.
(e) If an issuer applied the previous year for a reservation
for qualified mortgage bonds and has not received the reservation
at the time of application for the lottery, the issuer, instead of
filing a complete application under Subsection (c), may file a
statement explaining whether there are any changes in information
from the application information filed the previous year. If there
are changes, the statement must specify the current information.
An issuer that files a statement under this subsection must pay the
same application fee required for a complete application.
SECTION 8. Subchapter B, Chapter 1372, Government Code, is
amended by adding Section 1372.0281 to read as follows:
Sec. 1372.0281. INFORMATION REQUIRED OF ISSUERS OF CERTAIN
QUALIFIED STUDENT LOAN BONDS. (a) An issuer of qualified student
loan bonds authorized by Section 53.47, Education Code, shall
provide to the board together with its application for a
reservation information required by board rule.
(b) The board may require an issuer described by Subsection
(a) to provide information with its application, or to supplement
the application with information, that includes:
(1) financial statements;
(2) portfolio amounts;
(3) default rates;
(4) descriptions of how student loans are being used
or spent; and
(5) information about the issuer's client agencies.
SECTION 9. Section 1372.031, Government Code, is amended to
read as follows:
Sec. 1372.031. PRIORITIES FOR RESERVATIONS AMONG CERTAIN
ISSUERS. Subject to Sections [Section] 1372.0321 and 1372.0231,
if, on or before October 20, more than one issuer in a category
described by Section 1372.022(a)(2), (3), (4), or (6) applies for a
reservation of the state ceiling for the next program year, the
board shall grant reservations in that category in the order
determined by the board by lot.
SECTION 10. Section 1372.0321, Government Code, as added by
Chapters 1367 and 1420, Acts of the 77th Legislature, Regular
Session, 2001, is reenacted and amended to read as follows:
Sec. 1372.0321. PRIORITIES FOR RESERVATIONS AMONG ISSUERS
OF QUALIFIED RESIDENTIAL RENTAL PROJECT ISSUES. (a) In granting
reservations to issuers of qualified residential rental project
issues, the board shall[:
[(1)] give first priority to:
(1) [(A)] projects in which:
(A) 50 [100] percent of the residential units in
the project [projects] are:
(i) under the restriction that the maximum
allowable rents are an amount equal to 30 percent of 50 percent of
the area median family income minus an allowance for utility costs
authorized under the federal low-income housing tax credit program;
and
(ii) reserved for families and individuals
earning not more than 50 percent of the area median income; and
(B) the remaining 50 percent of the residential
units in the project are:
(i) under the restriction that the maximum
allowable rents are an amount equal to 30 percent of 60 percent of
the area median family income minus an allowance for utility costs
authorized under the federal low-income housing tax credit program;
and
(ii) reserved for families and individuals
earning not more than 60 percent of the area median income;
(2) projects in which:
(A) 15 percent of the residential units in the
project are:
(i) under the restriction that the maximum
allowable rents are an amount equal to 30 percent of 30 percent of
the area median family income minus an allowance for utility costs
authorized under the federal low-income housing tax credit program;
and
(ii) reserved for families and individuals
earning not more than 30 percent of the area median income; and
(B) the remaining 85 percent of the residential
units in the project are:
(i) under the restriction that the maximum
allowable rents are an amount equal to 30 percent of 60 percent of
the area median family income minus an allowance for utility costs
authorized under the federal low-income housing tax credit program;
and
(ii) reserved for families and individuals
earning not more than 60 percent of the area median income;
(3) projects:
(A) in which 100 percent of the residential units
in the project are:
(i) under the restriction that the maximum
allowable rents are an amount equal to 30 percent of 60 percent of
the area median family income minus an allowance for utility costs
authorized under the federal low-income housing tax credit program;
and
(ii) reserved for families and individuals
earning not more than 60 percent of the area median income; and
(B) which are located in a census tract in which
the median income, based on the most recent information published
by the United States Bureau of the Census, is higher than the median
income for the county, metropolitan statistical area, or primary
metropolitan statistical area in which the census tract is located
as established by the United States Department of Housing and Urban
Development; or
(4) [(B)] on or after June 1, projects that are
located in counties, metropolitan statistical areas, or primary
metropolitan statistical areas with area median family incomes at
or below the statewide median family income established by the
United States Department of Housing and Urban Development.
(a-1) In granting reservations to issuers of qualified
residential rental project issues, the board shall[;
[(2)] give second priority to projects in which 100
percent of the residential units in the project [projects] are
under the restriction that the maximum allowable rents are an
amount equal to 30 percent of 60 percent of the area median family
income minus an allowance for utility costs authorized under the
federal low-income housing tax credit program.
(a-2) In granting reservations to issuers of qualified
residential rental project issues, the board shall[; and
[(3)] give third priority to any other qualified
residential rental project.
(b) The board may not reserve a portion of the state ceiling
for a first or second priority project described by this section
[Subsection (a)] unless the board receives evidence that an
application has been filed with the Texas Department of Housing and
Community Affairs for the low-income housing tax credit that is
available for multifamily transactions that are at least 51 percent
financed by tax-exempt private activity bonds.
SECTION 11. Section 1372.033, Government Code, is amended
to read as follows:
Sec. 1372.033. PRIORITIES FOR RESERVATIONS AMONG CERTAIN
ISSUERS OF QUALIFIED STUDENT LOAN BONDS. (a) In this section:
(1) "Additional need" means the additional need of a
qualified nonprofit corporation determined by subtracting the
floor allocation for that qualified nonprofit corporation from that
corporation's annual need.
(2) "Annual need" means, for a qualified nonprofit
corporation, one-half of the total principal amount of Texas
eligible loans the qualified nonprofit corporation purchased in the
two most recently completed fiscal years ending June 30.
(3) "Floor allocation" means, for a qualified
nonprofit corporation, an allocation in the amount of the lesser of
$27 million or the qualified nonprofit corporation's annual need.
(4) "Qualified nonprofit corporation" has the meaning
assigned by Section 53.47, Education Code.
(5) "Remaining amount to be allocated" is the total
amount to be allocated under Section 1372.022(a)(5) in a calendar
year less the sum of the floor allocations of the qualified
nonprofit corporations that have applied for a student loan bond
allocation for the calendar year.
(6) "Student loan bond allocation" means an allocation
for private activity bonds under Section 1372.022(a)(5).
(7) "Texas eligible loan" means a Texas loan purchased
from the originating lender by a nonprofit corporation acting as
described by Section 53.47(g), Education Code.
(8) "Texas loan" means a guaranteed student loan, as
defined by Section 53.47, Education Code, made on behalf of a
borrower who is:
(A) a resident of this state; or
(B) a student attending an accredited
institution, as defined by Section 53.47, Education Code, that is
located in this state.
(9) "Total amount to be allocated" means the total
available under Section 1372.022(a)(5) for all applicants.
(b) Only a qualified nonprofit corporation may apply for a
student loan bond allocation.
(c) An application for a student loan bond allocation must
include a statement as provided by this subsection. The statement
must be certified by an officer of the applicant, whose signature
must be notarized. The statement must be audited by an independent
auditor, and the report of the independent auditor must be attached
to the statement. The statement must list:
(1) the principal amount of Texas eligible loans the
applicant purchased in the two most recently completed fiscal years
ending June 30;
(2) the agencies that are guaranteeing the Texas
eligible loans listed and the amount of Texas eligible loans
guaranteed by each agency;
(3) the originating lenders from whom the Texas
eligible loans were purchased and the amount of Texas eligible
loans each originating lender sold; and
(4) the date of each purchase transaction.
(d) Each qualified nonprofit corporation that applies for a
student loan bond allocation in compliance with all applicable
application requirements is entitled to receive a floor allocation
except as provided by this section. If the total amount to be
allocated is less than the sum of the floor allocations for all of
the applicants, each applicant is entitled to a proportion of the
total amount to be allocated equal to the proportion its floor
allocation bears to the total of the floor allocation for all of the
applicants. A qualified nonprofit corporation whose annual need is
zero is not entitled to apply for a student loan bond allocation.
(e) If, after allocations are computed under Subsection
(d), there is a remaining amount to be allocated and there are one
or more applicants with additional need, each applicant with
additional need is entitled to a proportion of the remaining amount
to be allocated equal to the proportion the applicant's additional
need bears to the total of the additional need of all applicants but
not to exceed the amount of the applicant's additional need. Any
amount remaining after distribution to applicants with additional
need shall be allocated in equal amounts to the other applicants
that have a floor allocation of greater than $27 million.
(f) Notwithstanding Subsection (e), if an applicant's share
of the remaining amount to be allocated is greater than 50 percent,
that applicant is entitled to 50 percent of the remaining amount to
be allocated. The other 50 percent of the remaining amount to be
allocated shall be distributed to the other applicants in
proportion to their unmet additional need, except that the
allocations may not exceed, for any applicant, the additional need
of the applicant. If, after the additional needs of the other
applicants are met, there remains any amount of the remaining
amount to be allocated available for distribution, that amount
shall be distributed to the applicant with the share of more than 50
percent of the remaining amount to be allocated in an amount not to
exceed the amount of the applicant's additional need.
(g) A qualified nonprofit corporation that receives a
student loan bond allocation may not:
(1) transfer the allocation to another entity; or
(2) loan to another entity other than a student
proceeds of bonds issued under the allocation [If, on or before
October 20, more than one issuer authorized by Section 53.47,
Education Code, to issue qualified student loan bonds applies for a
reservation of the state ceiling for qualified student loan bonds
for the next program year, the board shall grant reservations in
that category in reverse order of the date of the most recent
closing of qualified student loan bonds by each issuer. The issuer
that had the most recent closing shall be the last to receive a
reservation.
[(b) If closings occurred on the same date, the board shall
grant reservations in the order determined by the board by lot.
[(c) The board shall grant a reservation to an issuer
described by Subsection (a) in an amount not to exceed the lesser
of:
[(1) $35 million;
[(2) the full amount of the state ceiling for
qualified student loan bonds for which the issuer applied; or
[(3) the amount of the state ceiling for qualified
student loan bonds remaining after reservations have been granted
to issuers with a higher priority under Subsection (a).
[(d) Notwithstanding Subsection (c)(1) or Section
1372.037(5), after each issuer described by Subsection (a) that
applies for a reservation has been offered a reservation in the
maximum amount available to the issuer, the board shall grant in
equal portions, as additional reservations, any remaining amount of
the state ceiling for qualified student loan bonds to issuers that:
[(1) received and accepted a reservation; and
[(2) do not refuse an additional reservation under
this subsection].
SECTION 12. Subsection (b), Section 1372.036, Government
Code, is amended to read as follows:
(b) Beginning [If, after] June 1 [and before August 25],
partial reservations may be offered once to each applicant in each
[any portion of the state ceiling in a] category described by
Section 1372.022(a) until an applicant in the category accepts the
partial reservation or until additional volume is returned in an
amount sufficient to grant a full reservation [from which issuers
were granted reservations becomes available in that category:
[(1) those amounts of the state ceiling shall be
aggregated; and
[(2) the board shall grant reservations from that
category on August 25].
SECTION 13. Section 1372.037, Government Code, is amended
to read as follows:
Sec. 1372.037. LIMITATIONS ON GRANTING OF RESERVATIONS FOR
INDIVIDUAL PROJECTS. (a) Except as provided by Subsection (b),
before [Before] September 1[, for any one project,] the board may
not grant for any single project a reservation for that year that is
greater than:
(1) $25 million, if the issuer is an issuer of
qualified mortgage bonds, other than the Texas Department of
Housing and Community Affairs;
(2) $50 million, if the issuer is an issuer of a
state-voted issue, other than the Texas Higher Education
Coordinating Board, or $75 million, if the issuer is the Texas
Higher Education Coordinating Board;
(3) the amount to which the Internal Revenue Code
limits issuers of qualified small issue bonds and enterprise zone
facility bonds, if the issuer is an issuer of those bonds;
(4) the lesser of $15 million or 15 percent of the
amount set aside for reservation by issuers of qualified
residential rental project bonds, if the issuer is an issuer of
those bonds;
(5) the amount as prescribed in Sections 1372.033(d),
(e), and (f) [$35 million], if the issuer is an issuer authorized by
Section 53.47, Education Code, to issue qualified student loan
bonds; or
(6) $25 million, if the issuer is any other issuer of
bonds that require an allocation.
(b) In addition to a reservation under Subsection (a)(2),
the board may grant to the Texas Water Development Board a
reservation for not more than $100 million of the available state
ceiling for a water development issue.
SECTION 14. Section 1372.039, Government Code, is amended
by amending Subsection (a) and adding Subsection (d) to read as
follows:
(a) Not later than the 35th day after an issuer's
reservation date, the issuer shall submit to the board:
(1) a certificate signed by an authorized
representative of the issuer that certifies the principal amount of
the bonds to be issued; and
(2) a list of finance team members and their addresses
and telephone numbers.
(d) If an issuer does not submit the documents during the
period provided by Subsection (a), the issuer may submit the
documents not later than the third day after the end of the 35-day
period together with a statement and evidence regarding extenuating
circumstances that prevented a timely filing. The board shall
review the statement and the evidence and may, based on the
statement and evidence, permit the late filing.
SECTION 15. Section 1372.040, Government Code, is amended
to read as follows:
Sec. 1372.040. RESERVATION BY CERTAIN ISSUERS OF QUALIFIED
MORTGAGE BONDS OF MONEY FOR MORTGAGES FOR CERTAIN PERSONS. An
issuer of qualified mortgage bonds, other than the Texas Department
of Housing and Community Affairs or the Texas State Affordable
Housing Corporation, shall reserve for six months 50 percent of the
funds available for loans outside the federally designated target
areas to provide mortgages to individuals and families with incomes
below 80 percent of the applicable median family income, as defined
by Section 143(f)(4), Internal Revenue Code (26 U.S.C. Section
143(f)(4)).
SECTION 16. Section 1372.042, Government Code, is amended
by amending Subsections (a), (b), and (c) and adding Subsection
(a-1) to read as follows:
(a) An issuer other than an issuer of qualified residential
rental project bonds, an issuer of state-voted issues, or an issuer
of qualified mortgage bonds shall close on the bonds for which the
reservation was granted not later than the 120th day after the
reservation date.
(a-1) An issuer of qualified residential rental project
bonds shall close on the bonds for which the reservation was granted
not later than the 150th day after the reservation date. If an
issuer of qualified residential rental project bonds fails to close
on the bonds for which a reservation was granted, the issuer shall
pay the full closing fee provided by Section 1372.006(b) if the
application is not withdrawn before the 120th day after the
reservation date.
(b) An issuer of state-voted issues or an issuer of
qualified mortgage revenue bonds shall close on the bonds for which
the reservation was granted not later than the 180th day after the
reservation date.
(c) Notwithstanding Subsections (a), (a-1), and (b), if the
120-day period, the 150-day period, or the 180-day period, as
applicable, expires on or after December 24 of the year in which the
reservation was granted, the issuer shall close on the bonds before
December 24, except that if the applicable period expires after
December 31 of that year, the issuer may notify the board in writing
before December 24 of the issuer's election to carry forward the
reservation and of the issuer's expected bond closing date. In
compliance with the requirements of Section 146(f), Internal
Revenue Code of 1986, the board shall file in a timely manner a
carryforward election with respect to any bonds expected to close
after December 31 to permit the bonds to close by the expected date,
except that the board may not file the carryforward election after
February 15 of the year following the year in which the reservation
was granted. The grant of the reservation for the balance of the
120-day period, the 150-day period, or the 180-day period, as
applicable, is automatically and immediately reinstated on the
board's filing of a carryforward election with respect to the
reservation.
SECTION 17. Subchapter K, Chapter 2306, Government Code, is
amended by adding Section 2306.259 to read as follows:
Sec. 2306.259. AFFORDABLE HOUSING RESEARCH AND INFORMATION
PROGRAM. With money available under Section 1372.006(a), the
department shall establish an affordable housing research and
information program in which the department shall contract for:
(1) periodic market studies to determine the need for
housing for families of extremely low, very low, and low income in
census tracts throughout the state;
(2) research from qualified professionals to
determine the effect of affordable housing developments on property
values, social conditions, and quality of life in surrounding
neighborhoods;
(3) independent research in affordable housing design
and development approaches that enhance community acceptance of
affordable housing and improve the quality of life for the
residents of the housing; and
(4) public education and outreach efforts to assist
the public in understanding the nature and purpose of affordable
housing and the process for public participation in the
administration of affordable housing programs.
SECTION 18. Subsection (k), Section 53.47, Education Code,
is repealed.
SECTION 19. This Act takes effect September 1, 2003. Except
for the changes in law made by this Act to Subsection (f), Section
1372.0231, Section 1372.027, and Subsection (b), Section 1372.036,
Government Code, the changes in law made by this Act apply only in
relation to a reservation of the state ceiling that will be granted
on or after January 1, 2004.
______________________________ ______________________________
President of the Senate Speaker of the House
I hereby certify that S.B. No. 1664 passed the Senate on
May 6, 2003, by the following vote: Yeas 31, Nays 0;
May 30, 2003, Senate refused to concur in House amendments and
requested appointment of Conference Committee; May 31, 2003, House
granted request of the Senate; June 1, 2003, Senate adopted
Conference Committee Report by a viva-voce vote.
______________________________
Secretary of the Senate
I hereby certify that S.B. No. 1664 passed the House, with
amendments, on May 28, 2003, by a non-record vote; May 31, 2003,
House granted request of the Senate for appointment of Conference
Committee; June 1, 2003, House adopted Conference Committee Report
by a non-record vote.
______________________________
Chief Clerk of the House
Approved:
______________________________
Date
______________________________
Governor