SENATE AMENDMENT

    Bill No. CS for SB 2540

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
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11  Senator Bronson moved the following amendment:

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13         Senate Amendment 

14         On page 20, line 27, through page 21, line 6, delete

15  those lines

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17  and insert:

18         (8)  The authority shall include in the annual report

19  required under s. 331.310(13), a description of its activities

20  and agreements approved relating to development of spaceport

21  territory under this section. This section shall be reviewed

22  by the Legislature by October 1, 2004, and a determination

23  made related to the need to continue or modify this section.

24  New loan guarantees may not be approved in 2005 until the

25  review by the Legislature has been completed and a

26  determination has been made as to the feasibility of

27  continuing the use of the segregated account provided for by

28  s. 331.365 to guarantee portions of loans under this section.

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    9:03 PM   04/22/99                              s2540c1b-18j1c