0001| HOUSE BILL 61 | 0002| 42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, | 0003| 1996 | 0004| INTRODUCED BY | 0005| PAULINE K. GUBBELS | 0006| | 0007| | 0008| | 0009| FOR THE LEGISLATIVE EDUCATION STUDY COMMITTEE | 0010| | 0011| AN ACT | 0012| RELATING TO PUBLIC SCHOOLS; INCREASING TO FOUR YEARS THE AMOUNT | 0013| OF TIME A PROPERTY TAX MAY BE IMPOSED FOR CAPITAL IMPROVEMENTS | 0014| IN A SCHOOL DISTRICT; AMENDING SECTIONS OF THE PUBLIC SCHOOL | 0015| CAPITAL IMPROVEMENTS ACT. | 0016| | 0017| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0018| Section 1. Section 22-25-3 NMSA 1978 (being Laws 1975 | 0019| (S.S.), Chapter 5, Section 3, as amended) is amended to read: | 0020| "22-25-3. AUTHORIZATION FOR LOCAL SCHOOL BOARD TO SUBMIT | 0021| QUESTION OF CAPITAL IMPROVEMENTS TAX IMPOSITION.--Any local | 0022| school board may adopt a resolution to submit to the qualified | 0023| electors of the school district the question of whether a | 0024| property tax should be imposed upon the net taxable value of | 0025| property allocated to the school district under the Property Tax | 0001| Code at a rate not to exceed that specified in the resolution | 0002| for the purpose of capital improvements in the school district. | 0003| The resolution shall: | 0004| A. identify the capital improvements for which the | 0005| revenue proposed to be produced will be used; | 0006| B. specify the rate of the proposed tax, which shall | 0007| not exceed two dollars ($2.00) on each one thousand dollars | 0008| ($1,000) of net taxable value of property allocated to the | 0009| school district under the Property Tax Code; | 0010| C. specify the date an election will be held to | 0011| submit the question of imposition of the tax to the qualified | 0012| electors of the district; and | 0013| D. limit the imposition of the proposed tax to no | 0014| more than [three] four property tax years." | 0015| Section 2. Section 22-25-5 NMSA 1978 (being Laws 1975 | 0016| (S.S.), Chapter 5, Section 5, as amended) is amended to read: | 0017| "22-25-5. CONDUCT OF ELECTION--NOTICE--BALLOT.-- | 0018| A. An election on the question of imposing a tax | 0019| under the Public School Capital Improvements Act may be held in | 0020| conjunction with a regular school district election or may be | 0021| conducted as or held in conjunction with a special school | 0022| district election, but the election shall be held prior to July | 0023| 1 of the property tax year in which the tax is proposed to be | 0024| imposed. Conduct of the election shall be as prescribed in the | 0025| School Election Law for regular and special school district | 0001| elections. | 0002| B. The resolution required to be published as notice | 0003| of the election under Section 1-22-4 or 1-22-5 NMSA 1978 shall | 0004| include as the question to be submitted to the voters whether a | 0005| property tax at a rate not to exceed the rate specified in the | 0006| authorizing resolution should be imposed for the specified | 0007| number of property tax years not exceeding [three] four | 0008| years upon the net taxable value of all property allocated to | 0009| the school district for the capital improvements specified in | 0010| the authorizing resolution. | 0011| C. The ballot shall include the information | 0012| specified in Subsection B of this section and shall present the | 0013| voter the choice of voting "for the public school capital | 0014| improvements tax" or "against the public school capital | 0015| improvements tax"." | 0016| Section 3. Section 22-25-8 NMSA 1978 (being Laws 1975 | 0017| (S.S.), Chapter 5, Section 8, as amended) is amended to read: | 0018| "22-25-8. TAX TO BE IMPOSED FOR A MAXIMUM OF [THREE] | 0019| FOUR | 0020| YEARS.--A tax imposed in a school district as a result of an | 0021| election under the Public School Capital Improvements Act shall | 0022| be imposed for one, two [or], three or four years commencing | 0023| with the property tax year in which the election was held. The | 0024| local school board may discontinue, by resolution, the Public | 0025| School Capital Improvements Act tax levy at the end of the | 0001| first, [or] second or third year of the levy. The local | 0002| school board shall direct that the Public School Capital | 0003| Improvements Act tax levy be decreased by the amount required | 0004| for any year in which the decrease is required by operation of | 0005| the rate limitation provisions of Section 7-37-7.1 NMSA 1978." | 0006| - 4 - State of New Mexico | 0007| House of Representatives | 0008| | 0009| FORTY-SECOND LEGISLATURE | 0010| SECOND SESSION, 1996 | 0011| | 0012| January 23, l996 | 0013| | 0014| | 0015| Mr. Speaker: | 0016| | 0017| Your RULES AND ORDER OF BUSINESS COMMITTEE, to | 0018| whom has been referred | 0019| | 0020| HOUSE BILL 61 | 0021| | 0022| has had it under consideration and finds same to be | 0023| GERMANE in accordance with constitutional provisions. | 0024| | 0025| Respectfully submitted, | 0001| | 0002| | 0003| | 0004| | 0005| Barbara A. Perea Casey, | 0006| Chairperson | 0007| | 0008| | 0009| Adopted Not Adopted | 0010| | 0011| (Chief Clerk) (Chief Clerk) | 0012| | 0013| Date | 0014| | 0015| The roll call vote was 8 For 0 Against | 0016| Yes: 8 | 0017| Excused: Lujan, Olguin, Pederson, Ryan, Taylor, Wallach, | 0018| S. Williams | 0019| Absent: None | 0020| | 0021| H0061RC1 State of New Mexico | 0022| House of Representatives | 0023| | 0024| FORTY-SECOND LEGISLATURE | 0025| SECOND SESSION, 1996 | 0001| | 0002| | 0003| January 31, 1996 | 0004| | 0005| | 0006| Mr. Speaker: | 0007| | 0008| Your EDUCATION COMMITTEE, to whom has been referred | 0009| | 0010| HOUSE BILL 61 | 0011| | 0012| has had it under consideration and reports same with | 0013| recommendation that it DO PASS, and thence referred to the | 0014| TAXATION AND REVENUE COMMITTEE. | 0015| | 0016| Respectfully submitted, | 0017| | 0018| | 0019| | 0020| | 0021| Samuel F. Vigil, Chairman | 0022| | 0023| | 0024| Adopted Not Adopted | 0025| | 0001| (Chief Clerk) (Chief Clerk) | 0002| | 0003| Date | 0004| | 0005| The roll call vote was 9 For 0 Against | 0006| Yes: 9 | 0007| Excused: Trujillo, SM Williams, Wright | 0008| Absent: None | 0009| | 0010| | 0011| | 0012| H0061EC1 State of New Mexico | 0013| House of Representatives | 0014| | 0015| FORTY-SECOND LEGISLATURE | 0016| SECOND SESSION, 1996 | 0017| | 0018| | 0019| February 9, 1996 | 0020| | 0021| | 0022| Mr. Speaker: | 0023| | 0024| Your TAXATION AND REVENUE COMMITTEE, to whom has | 0025| been referred | 0001| | 0002| HOUSE BILL 61 | 0003| | 0004| has had it under consideration and reports same with | 0005| recommendation that it DO PASS. | 0006| | 0007| Respectfully submitted, | 0008| | 0009| | 0010| | 0011| | 0012| Jerry W. Sandel, Chairman | 0013| | 0014| | 0015| Adopted Not Adopted | 0016| | 0017| (Chief Clerk) (Chief Clerk) | 0018| | 0019| Date | 0020| | 0021| The roll call vote was 12 For 0 Against | 0022| Yes: 12 | 0023| Excused: Gallegos | 0024| Absent: None | 0025| | 0001| | 0002| | 0003| H0061TR1 | 0004| | 0005| FORTY-SECOND LEGISLATURE | 0006| SECOND SESSION, 1996 | 0007| | 0008| | 0009| February 13, 1996 | 0010| | 0011| Mr. President: | 0012| | 0013| Your WAYS AND MEANS COMMITTEE, to whom has been | 0014| referred | 0015| | 0016| HOUSE BILL 61 | 0017| | 0018| has had it under consideration and reports same with | 0019| recommendation that it DO PASS. | 0020| | 0021| Respectfully submitted, | 0022| | 0023| | 0024| | 0025| __________________________________ | 0001| TITO D. CHAVEZ, Chairman | 0002| | 0003| | 0004| | 0005| Adopted_______________________ Not Adopted_______________________ | 0006| (Chief Clerk) (Chief Clerk) | 0007| | 0008| | 0009| | 0010| Date ________________________ | 0011| | 0012| | 0013| The roll call vote was 5 For 0 Against | 0014| Yes: 5 | 0015| No: 0 | 0016| Excused: Campos, Rhodes, Romero | 0017| Absent: None | 0018| | 0019| | 0020| H0061WM1 | 0021| |