0001| HOUSE BILL 287
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0002| 42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION,
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0003| 1996
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0004| INTRODUCED BY
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0005| ARTHUR C. HAWKINS
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0006|
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0007|
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0008|
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0009|
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0010|
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0011| AN ACT
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0012| AMENDING SECTION 16-6-16 NMSA 1978 (BEING LAWS 1935, CHAPTER 69,
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0013| SECTION 4, AS AMENDED) TO INCREASE THE BONDING AUTHORITY OF THE
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0014| NEW MEXICO STATE FAIR.
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0015|
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0016| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0017| Section 1. Section 16-6-16 NMSA 1978 (being Laws 1935,
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0018| Chapter 69, Section 4, as amended) is amended to read:
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0019| "16-6-16. ISSUANCE OF NEGOTIABLE BONDS--TERMS.--The New
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0020| Mexico state fair, with the prior approval of the state board of
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0021| finance, is hereby authorized from time to time to issue
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0022| negotiable bonds in the aggregate principal amount of not to
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0023| exceed [three million five hundred thousand dollars
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($3,500,000)] six million dollars ($6,000,000). The bonds
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0025| shall be authorized by resolution of the commission. The bonds
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0001| may be issued in one or more series, may bear such date or
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0002| dates, may be in such denomination or denominations, may mature
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0003| at such time or times not exceeding fifty years from the
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0004| respective dates thereof, may mature in such amount or amounts,
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0005| shall bear interest in accordance with the Public Securities
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0006| Act, may be in such form as the state fair commission may
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0007| determine and may be executed in such manner, may be payable in
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0008| such medium of payment at such place or places and may be
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0009| subject to such terms of redemption with or without premium as
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0010| such resolution or other resolutions may provide. The bonds
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0011| shall be sold at public sale for not less than par value and in
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0012| the manner provided by law for the sale of municipal bonds. The
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0013| bonds shall be negotiable instruments notwithstanding the form
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0014| or tenor thereof."
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0015| --
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0016|
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0017| State of New Mexico
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0018| House of Representatives
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0019|
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0020| FORTY-SECOND LEGISLATURE
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0021| SECOND SESSION, 1996
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0022|
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0023|
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0024| February 7, 1996
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0025|
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0001|
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0002| Mr. Speaker:
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0003|
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0004| Your GOVERNMENT AND URBAN AFFAIRS COMMITTEE, to
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0005| whom has been referred
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0006|
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0007| HOUSE BILL 287
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0008|
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0009| has had it under consideration and reports same with
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0010| recommendation that it DO PASS, and thence referred to the
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0011| APPROPRIATIONS AND FINANCE COMMITTEE.
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0012|
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0013| Respectfully submitted,
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0014|
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0015|
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0016|
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0017|
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0018| Lynda M. Lovejoy, Chairwoman
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0019|
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0020|
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0021| Adopted Not Adopted
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0022|
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0023| (Chief Clerk) (Chief Clerk)
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0024|
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0025| Date
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0001|
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0002| The roll call vote was 7 For 2 Against
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0003| Yes: 7
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0004| No: Lovejoy, Pederson
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0005| Excused: Roberts, Wallace
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0006| Absent: None
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0007|
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0008|
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0009|
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0010| H0287GU1 State of New Mexico
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0011| House of Representatives
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0012|
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0013| FORTY-SECOND LEGISLATURE
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0014| SECOND SESSION, 1996
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0015|
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0016|
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0017| February 10, 1996
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0018|
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0019|
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0020| Mr. Speaker:
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0021|
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0022| Your APPROPRIATIONS AND FINANCE COMMITTEE, to
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0023| whom has been referred
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0024|
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0025| HOUSE BILL 287
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0001|
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0002|
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0003| has had it under consideration and reports same with
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0004| recommendation that it DO PASS, amended as follows:
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0005|
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0006| 1. On page 1, line 13, after "FAIR" insert "; PROVIDING
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0007| LEGISLATIVE APPROVAL FOR CERTAIN STATE FAIR BOND PROJECTS".
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0008|
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0009| 2. On page 1, line 24, after "commission" insert "based on
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0010| capital improvement projects approved by the legislature".
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0011|
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0012| 3. On page 2, between lines 12 and 13, insert the following:
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0013|
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0014| "Section 2. STATE FAIR CAPITAL IMPROVEMENTS--APPROVAL FOR
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0015| BONDS.--The New Mexico state fair may issue bonds pursuant to
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0016| Section 16-6-16 NMSA 1978 for the following projects:
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0017|
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0018| A. planning, designing, constructing, equipping
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0019| and furnishing restrooms and dressing rooms and for other
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0020| necessary renovations at the Indian village and planning,
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0021| designing, constructing and equipping renovations at the Indian
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0022| building of fine arts and removing architectural barriers in
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0023| compliance with the Americans with Disabilities Act of 1990 at the
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0024| Indian building of fine arts and other exhibition and performance-related facilities; and
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0025|
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0001| B. reroofing, renovating and making other capital
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0002| improvements at Tingley coliseum.".
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0003|
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0004| Respectfully submitted,
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0005|
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0006|
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0007|
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0008|
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0009|
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0010| Max Coll, Chairman
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0011|
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0012|
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0013| Adopted Not Adopted
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0014|
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0015| (Chief Clerk) (Chief Clerk)
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0016|
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0017| Date
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0018|
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0019| The roll call vote was 12 For 0 Against
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0020| Yes: 12
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0021| Excused: Gentry, Knowles, Martinez, Picraux, Salazar, Watchman
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0022| Absent: None
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0023|
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0024|
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0025|
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0001| H0287AF1
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0002|
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0003| FORTY-SECOND LEGISLATURE
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0004| SECOND SESSION, 1996
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0005|
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0006|
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0007| February 13, 1996
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0008|
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0009| Mr. President:
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0010|
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0011| Your WAYS AND MEANS COMMITTEE, to whom has been
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0012| referred
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0013|
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0014| HOUSE BILL 287, as amended
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0015|
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0016| has had it under consideration and reports same with
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0017| recommendation that it DO PASS, and thence referred to the
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0018| FINANCE COMMITTEE.
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0019|
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0020| Respectfully submitted,
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0021|
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0022|
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0023|
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0024| __________________________________
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0025| TITO D. CHAVEZ, Chairman
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0001|
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0002|
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0003|
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0004| Adopted_______________________ Not Adopted_______________________
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0005| (Chief Clerk) (Chief Clerk)
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0006|
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0007|
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0008| Date ________________________
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0009|
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0010|
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0011| The roll call vote was 4 For 2 Against
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0012| Yes: 4
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0013| No: Chavez, Riley
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0014| Excused: Campos, Romero
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0015| Absent: None
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0016|
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0017|
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0018| H0287WM1
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0019|
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0020|
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0021|
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0022| FORTY-SECOND LEGISLATURE
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0023| SECOND SESSION, 1996
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0024|
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0025|
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0001| February 14, 1996
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0002|
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0003| Mr. President:
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0004|
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0005| Your FINANCE COMMITTEE, to whom has been referred
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0006|
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0007| HOUSE BILL 287, as amended
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0008|
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0009| has had it under consideration and reports same with
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0010| recommendation that it DO PASS.
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0011|
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0012| Respectfully submitted,
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0013|
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0014|
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0015|
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0016| __________________________________
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0017| Ben D. Altamirano, Chairman
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0018|
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0019|
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0020|
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0021| Adopted_______________________ Not Adopted_______________________
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0022| (Chief Clerk) (Chief Clerk)
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0023|
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0024|
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0025|
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0001| Date ________________________
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0002|
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0003|
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0004| The roll call vote was 8 For 0 Against
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0005| Yes: 8
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0006| No: 0
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0007| Excused: Donisthorpe, Duran, Ingle, Kidd, Kysar
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0008| Absent: None
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0009|
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0010|
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0011| H0287FC1
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0012| FORTY-SECOND LEGISLATURE
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0013| SECOND SESSION, 1996
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0014|
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0015|
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0016|
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0017| December 17, 1997
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0018|
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0019|
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0020| SENATE FLOOR AMENDMENT number to HOUSE BILL 287, as
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0021| amended
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0022|
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0023| AMENDMENT sponsored by SENATOR L. SKIP VERNON
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0024|
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0025| 1. Delete House Appropriations and Finance Committee
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0001| amendments in their entirety.
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0002|
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0003|
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0004|
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0005|
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0006|
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0007|
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0008| Senator L. Skip Vernon
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0009|
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0010|
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0011|
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0012| Adopted Not Adopted
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0013|
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0014| (Chief Clerk) (Chief Clerk)
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0015|
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0016|
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0017| Date
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0018| H0287FS1
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