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The Committee on Judiciary (Deutch) recommended the following

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amendment:

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     Senate Amendment

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     Delete line(s) 345-352

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and insert:

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501(c)(3) of the Internal Revenue Code; and is not organized for

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a public or charitable purpose that is required upon its

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dissolution to distribute its assets to the United States, a

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state, a local subdivision thereof, or a person that is

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recognized as exempt under s. 501(c)(3) of the Internal Revenue

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Code. The term does not include an association

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3/31/2008  10:27:00 AM     JU.30.06131