FORTY-EIGHTH LEGISLATURESB 519/a

FIRST SESSION, 2007

February 14, 2007

Madam President:

    Your FINANCE COMMITTEE, to whom has been referred

SENATE BILL 519, as amended

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

    1. On page 3, line 10, after the period insert:

    "In selecting the transferee, the New Mexico mortgage finance authority shall give preference to those proposers who are employers of former employees of a high-performing regional housing authority as ranked by the United States department of housing and urban development.".

                               Respectfully submitted,

                               __________________________________

                               John Arthur Smith, Co-Chair

                               Timothy Z. Jennings, Co-Chair

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 6 For 0 Against

Yes:     6

No:      0

Excused:     Campos, Carraro, Leavell, Rawson

Absent:  None

SB0519FC1                                                 .167976.1