FIFTY-FOURTH LEGISLATURESB 518/a

FIRST SESSION, 2019

March 5, 2019

Mr. President:

    Your FINANCE COMMITTEE, to whom has been referred

SENATE BILL 518, as amended

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

    1. On page 1, line 21, after “installs”, insert "on or after January 1, 2019".

    2. On page 1, lines 22 and 23, strike " on or after January 1, 2019" and insert in lieu thereof " in New Mexico owned by that taxpayer".

                               Respectfully submitted,

                               ___________________________________

                               John Arthur Smith, Chairman

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 11 For 0 Against

Yes:      11

No:       0

Excused: Candelaria

Absent:   None

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