CORRECTED COMMITTEE REPORT




        February 13, 1998

Mr. President:

    The Revenue and Taxation Committee reports a favorable recommendation on S.B. 48, PAY-PER-VIEW BOXING TAX, by Senator P. Suazo, with the following amendments:
1.    Page 1, Line 23:    Delete "special revenue fund" and insert "restricted account in the General Fund"
2.    Page 2, Line 7:    After "50% of" delete "the" and insert "all"
3.    Page 2, Line 10:    After line 10 insert:
        "(b) The costs of administering the fund may be deducted from the remaining fund monies after the distribution of fund monies required by Subsection (4)(a)."
4.    Page 2, Line 11:    Delete "(b)" and insert "(c)"
5.    Page 2, Line 11:    After "monies" insert "after the distributions set forth in Subsections 4(a) and 4(b)"
6.    Page 3, Line 2:    Delete "special revenue fund" and insert "restricted account"


        Respectfully,



        Howard Nielson
        Committee Chair



Voting: 3-2-4
3 SB0048.SC1 nwoodhea/OWA KMW/JBA 1:50 PM


Bill Number
Action Class
Action Code

*SB0048*
*S*
*SCRAMD*

SB0048
S
SCRAMD