JOINT CONFERENCE COMMITTEE REPORT

We, the conferees, appointed by the respective bodies to consider and report upon the disagreeing vote on House Bill No. 848, report as follows:

A. We recommend that the Senate Amendments be rejected.

B. We recommend that the engrossed bill be amended as follows to resolve the matters under disagreement.

1. Line 72, engrossed bill, after sum of

strike

$250,000

insert

$325,000

2. Line 73, engrossed bill, after (b)

strike

$500,000 for the purchase of an annuity for the primary benefit of Julius Earl Ruffin providing for equal monthly payments, for a period certain of 20 years commencing on or before September 1, 2004

insert

an annuity for the primary benefit of Julius Earl Ruffin providing for equal monthly payments, for a period certain of 30 years commencing on or before September 1, 2004, in the cumulative amount of $900,000

Respectfully submitted,

Delegate S. Chris Jones

Delegate Robert Tata

Delegate Johnny S. Joannou

Conferees on the part of the House

Senator Frederick M. Quayle

Senator Emmett W. Hanger, Jr.

Senator Benjamin J. Lambert, III

Conferees on the part of the Senate