HOUSE AMENDMENT
                                                Bill No. CS/HB 293
    Amendment No. ___ (for drafter's use only)
                            CHAMBER ACTION
              Senate                               House
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11  Representative(s) Crow and Bense offered the following:
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13         Amendment to Amendment (920355) 
14         On page 6, line 20 through page 7, line 2
15  remove from the amendment:  all of said lines
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17  and insert in lieu thereof:  
18         1.  Reasonable costs and expenses, including
19  professional fees, of forming and, syndicating the certified
20  capital company, if no such costs are paid to a certified
21  investor and the total cash, cash equivalents and other
22  current assets permitted by s. 288.99(5)(b)3.g. that can be
23  converted into cash within 5 business days available to the
24  certified capital company at the time of receipt of certified
25  capital from certified investors, after deducting the costs
26  and expenses of forming and syndicating the certified capital
27  company, including any payments made over time for obligations
28  incurred at the time of receipt of certified capital excluding
29  other future qualified distributions and payments made under
30  s. 288.99(9)(a), are an amount equal to or greater than 50
31  percent of the total certified capital allocated to the
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    File original & 9 copies    04/26/01                          
    hgr0003                     10:23 am         00293-0049-832451


                                                   HOUSE AMENDMENT
                                                Bill No. CS/HB 293
    Amendment No. ___ (for drafter's use only)
 1  certified capital pursuant to s. 288.99(7);,
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    File original & 9 copies    04/26/01                          
    hgr0003                     10:23 am         00293-0049-832451