FIFTY-FIFTH LEGISLATURE

SECOND SESSION, 2022

 

January 28, 2022

 

 

 

Mr. Speaker:

 

    Your TAXATION & REVENUE COMMITTEE, to whom has been referred

 

HOUSE BILL 8

 

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

 

 

 

     1. On page 2, line 11, strike "2022" and insert in lieu thereof "2023".

 

     2. On page 2, line 17, strike "fifteen" and insert in lieu thereof "thirty".

 

     3. On page 2, line 19, strike "from" and insert in lieu thereof "provided by".

 

     4. On page 2, line 20, after "shall", strike the remainder of the line, strike all of lines 21 and 22 and strike line 23 through "section," and insert in lieu thereof:

 

"determine the land grants-mercedes on the list that are assistance-qualified pursuant to Paragraph (1) of Subsection F of this section and their distribution categories pursuant to Subsection D of this section and provide a list of those determinations".

 

     5. On page 3, line 6, strike "2023" and insert in lieu thereof "2024".

 

     6. On page 4, line 7, after the first occurrence of "has", strike the remainder of the line, strike all of line 8 and strike line 9 through "that" and insert in lieu thereof:

 

"supplied an account of its previous fiscal year revenue calculated in the same manner used for an annual calculation pursuant to Subsection D of this section to the land grant council, is in compliance with Chapter 49, Article 1 or 4 NMSA 1978, including having an elected board of trustees, and".

 

     7. On page 4, line 15, strike "certified by the state auditor" and insert in lieu thereof "listed by the state auditor pursuant to Subsection B of this section".

                             

                             Respectfully submitted,

 

 

 

                                                                 

Christine Chandler, Chair

 

 

Adopted     Not Adopted

           (Chief Clerk)                            (Chief Clerk)

 

Date

 

 

The roll call vote was 13 For 0 Against

Yes:      13

No:       0

Excused:  Egolf

Absent:   None

 

.222208.3

 

Z:\2022 Session\CommitteeReports\HB0008TR1.wpd