STATEMENT TO

 

SENATE COMMITTEE SUBSTITUTE FOR

 

SENATE COMMITTEE SUBSTITUTE FOR

SENATE, No. 95

 

with Assembly Floor Amendments

(Proposed By Assemblyman CORODEMUS)

 

ADOPTED: JUNE 27, 1996

 

 

      The amendments make the Senate Committee Substitute for Senate Bill No. 95 (SCS) identical to the Assembly Committee Substitute for Assembly Bill No. 1099 (ACS) by authorizing the State to issue an additional $70 million in general obligation bonds for the purposes of paying or financing costs incurred by the State for the remediation of hazardous discharge sites and for the construction of water supply facilities to replace potable water supplies determined by the department to be contaminated or threatened by a discharge. These amendments provide that both bills would authorize the issuance of bonds totaling $300 million, for the various purposes set forth in the bills.