JOINT CONFERENCE COMMITTEE REPORT

We, the conferees, appointed to consider and report upon the disagreeing vote on Senate Bill No. 234, report as follows:

We recommend that the House Amendment in the Nature of a Substitute be accepted with the following amendments thereto to resolve the matters under disagreement.

1. Line 72, House Amendment in the Nature of a Substitute, after sum of

strike

$250,000

insert

$325,000

2. Line 73, House Amendment in the Nature of a Substitute, 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,

Senator Frederick M. Quayle

Senator Emmett W. Hanger, Jr.

Senator Benjamin J. Lambert, III

Conferees on the part of the Senate

Delegate S. Chris Jones

Delegate Robert Tata

Delegate Johnny S. Joannou

Conferees on the part of the House