0001|                         HOUSE BILL 531
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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|                           BEN LUJAN
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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|     RELATING TO STATE HIGHWAY BONDS; AUTHORIZING THE GOVERNOR TO
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0013|     IMPOSE A HIGHWAY BONDING GASOLINE TAX UNDER CERTAIN CONDITIONS;
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0014|     REQUIRING ISSUANCE OF ADDITIONAL STATE HIGHWAY BONDS AND
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0015|     INCREASING THE AMOUNT OF STATE HIGHWAY BONDS THAT MAY BE ISSUED
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0016|     BY THE STATE HIGHWAY COMMISSION; AMENDING AND ENACTING SECTIONS
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0017|     OF THE NMSA 1978.
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0018|     
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0019|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0020|       Section 1.  Section 7-1-6.10 NMSA 1978 (being Laws 1983,
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0021|     Chapter 211, Section 15, as amended by Laws 1995, Chapter 6,
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0022|     Section 4 and also by Laws 1995, Chapter 16, Section 11) is
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0023|     amended to read:
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0024|       "7-1-6.10.  DISTRIBUTIONS--STATE ROAD FUND.--
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0025|            A.  A distribution pursuant to Section 7-1-6.1 NMSA
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0001|     1978 shall be made to the state road fund in an amount equal to
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0002|     the net receipts attributable to the taxes, surcharges,
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0003|     penalties and interest imposed pursuant to the Gasoline Tax Act
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0004|     and to the taxes, surtaxes, fees, penalties and interest imposed
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0005|     pursuant to the Special Fuels Tax Act, the Special Fuels
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0006|     Supplier Tax Act and the Alternative Fuel Tax Act less:
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0007|                 (1)  the amount distributed to the state
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0008|     aviation fund pursuant to Subsection [C] B of Section
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0009|     7-1-6.7 NMSA 1978;
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0010|                 (2)  the amount distributed to the motorboat
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0011|     fuel tax fund pursuant to Section 7-1-6.8 NMSA 1978;
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0012|                 (3)  the amount distributed to municipalities
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0013|     and counties pursuant to Subsection A of Section 7-1-6.9 NMSA
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0014|     1978;
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0015|                 (4)  the amount distributed to the county
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0016|     government road fund pursuant to Section 7-1-6.19 NMSA 1978;
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0017|                 (5)  the amount distributed to the [corrective
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0018|     action] local governments road fund pursuant to Section
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0019|     [7-1-6.25] 7-1-6.39 NMSA 1978;
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0020|                 (6)  the amount distributed to the
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0021|     municipalities pursuant to Section 7-1-6.27 NMSA 1978; and
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0022|                 (7)  the amount distributed to the municipal
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0023|     arterial program [and] of the local governments road fund
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0024|     pursuant to Section 7-1-6.28 NMSA 1978 [and
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0025|                 (8)  the amount distributed to the general fund
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0001|     pursuant to Section 7-1-6.37 NMSA 1978].
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0002|            B.  A distribution pursuant to Section 7-1-6.1 NMSA
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0003|     1978 shall be made to the state road fund in an amount equal to
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0004|     the net receipts attributable to the taxes, fees, interest and
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0005|     penalties from the Weight Distance Tax Act."
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0006|       Section 2.  Section 7-13-3.1 NMSA 1978 (being Laws 1979,
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0007|     Chapter 166, Section 7, as amended) is amended to read:
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0008|       "7-13-3.1.  GASOLINE INVENTORY TAX--IMPOSITION OF TAX--DATE
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0009|     PAYMENT OF TAX DUE.--
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0010|            A.  A gasoline inventory tax is imposed measured by
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0011|     the quantity of gallons of gasoline in the possession of a
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0012|     distributor or wholesaler on the day [in] on which an
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0013|     increase in the excise tax imposed by Section 7-13-3 NMSA 1978
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0014|     or the initial imposition or increase in the excise tax imposed
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0015|     by Section 7-13-3.5 NMSA 1978 is effective.  The taxable event
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0016|     is the existence of an inventory in the possession of a
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0017|     distributor or wholesaler on the day prior to the day [in]
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0018|     on which an increase in the excise tax imposed by Section 7-13-3 NMSA 1978 or the initial imposition or increase in the
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0019|     excise tax imposed by Section 7-13-3.5 NMSA 1978 is effective. 
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0020|     The rate of the gasoline inventory tax to apply on each gallon
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0021|     of gasoline held in inventory by a distributor or wholesaler, as
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0022|     provided in Section 7-13-3.2 NMSA 1978, shall be the difference
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0023|     between the gasoline [excise] tax rate or the highway bonding
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0024|     gasoline tax rate, whichever is applicable, imposed on the day
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0025|     prior to the day [in] on which the [gasoline excise]
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0001|     applicable tax is increased or initially imposed subtracted
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0002|     from the [gasoline excise] applicable tax rate imposed on
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0003|     the day that the [gasoline excise] applicable tax rate
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0004|     increase or imposition is effective, expressed in cents per
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0005|     gallon.
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0006|            B.  The gasoline inventory tax is to be paid to the
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0007|     department on or before the twenty-fifth day of the month
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0008|     following the month in which the taxable event occurs."       Section 3.  Section 7-13-3.2 NMSA 1978 (being Laws 1979,
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0009|     Chapter 166, Section 8, as amended) is amended to read:
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0010|       "7-13-3.2.  GASOLINE INVENTORIES.--
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0011|            A.  On the day prior to the day that the excise tax
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0012|     imposed by Section 7-13-3 NMSA 1978 is increased or the excise
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0013|     tax imposed by Section 7-13-3.5 NMSA 1978 is initially imposed
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0014|     or increased, each distributor, wholesaler and retailer shall
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0015|     take inventory of the gallons of gasoline on hand.
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0016|            B.  Distributors and wholesalers shall report total
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0017|     gallons of gasoline in inventory on the day prior to the day
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0018|     that an increase in the gasoline tax rate is effective and pay
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0019|     any tax due imposed by Section 7-13-3.1 NMSA 1978.
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0020|            C.  Retailers shall maintain a record of the total
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0021|     gallons of gasoline in inventory on the day prior to the day
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0022|     that an increase in the gasoline tax rate or the initial
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0023|     imposition or an increase in the highway bonding gasoline tax
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0024|     rate is effective and shall not increase the price of the
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0025|     gasoline sold until the inventory is disposed of in the ordinary
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0001|     course of business."  
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0002|       Section 4.  A new section of the Gasoline Tax Act, Section
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0003|     7-13-3.5 NMSA 1978, is enacted to read:
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0004|       "7-13-3.5.  [NEW MATERIAL]  IMPOSITION AND RATE OF
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0005|     HIGHWAY BONDING GASOLINE TAX--LIMITATION.--
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0006|            A.  The governor is authorized, subject to the
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0007|     limitations of this section, to impose for the privilege of
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0008|     receiving gasoline in this state an excise tax at a rate not to
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0009|     exceed two cents ($.02) per gallon of gasoline received in New
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0010|     Mexico.  The tax may be imposed in one-cent ($.01) increments
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0011|     and may be referred to as the "highway bonding gasoline tax". 
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0012|     The proceeds from the tax shall be used only to secure or pay
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0013|     state highway bonds issued pursuant to Paragraph (2) of
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0014|     Subsection C of Section 67-3-59.1 NMSA 1978. 
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0015|            B.  The governor may impose any increment of the tax
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0016|     authorized by Subsection A of this section only upon a finding
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0017|     that the tax increase is necessary because there are
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0018|     insufficient revenues available in the state road fund to pledge
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0019|     for the issuance of the amounts of state highway bonds that:
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0020|                 (1)  are authorized pursuant to Paragraph (2) of
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0021|     Subsection C of Section 67-3-59.1 NMSA 1978; and
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0022|                 (2)  are needed to fund statewide road
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0023|     improvements that the state highway commission certifies are
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0024|     necessary for purposes of safety, commerce and economic
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0025|     development.
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0001|            C.  The tax authorized to be imposed pursuant to this
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0002|     section shall become effective only upon July 1 or January 1,
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0003|     whichever date occurs first, after the expiration of at least
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0004|     three months from the date the governor issues the finding
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0005|     pursuant to Subsection B of this section."     
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0006|       Section 5.  Section 7-13-5 NMSA 1978 (being Laws 1971,
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0007|     Chapter 207, Section 5, as amended) is amended to read:
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0008|       "7-13-5.  TAX RETURNS--PAYMENT OF TAX.--Distributors shall
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0009|     file gasoline tax and highway bonding gasoline tax returns in
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0010|     form and content as prescribed by the secretary on or before the
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0011|     twenty-fifth day of the month following the month in which
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0012|     gasoline is received in New Mexico.  Such returns shall be
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0013|     accompanied by payment of the amount of gasoline tax or highway
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0014|     bonding gasoline tax due."
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0015|       Section 6.  Section 7-13-13 NMSA 1978 (being Laws 1971,
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0016|     Chapter 207, Section 12, as amended) is amended to read:
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0017|       "7-13-13.  PERMIT TO PURCHASE DYED GASOLINE AND APPLY FOR
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0018|     REFUND OF [GASOLINE] TAX ON GASOLINE NOT USED IN MOTOR BOATS
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0019|     OR IN MOTOR VEHICLES OPERATED ON HIGHWAYS OF THIS STATE.--
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0020|            A.  Each person who wishes to purchase gasoline dyed
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0021|     in accordance with the provisions of Section 7-13-15 NMSA 1978
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0022|     and to claim a refund of gasoline tax and highway bonding
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0023|     gasoline tax paid on such gasoline under the provisions of
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0024|     Section 7-13-14 NMSA 1978 shall apply for and obtain a permit to
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0025|     do so from the department.  The application for the permit shall
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0001|     be in form and content as prescribed by the department.
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0002|            B.  The secretary may, upon notice and after hearing,
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0003|     suspend the gasoline tax and highway bonding gasoline tax
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0004|     refund permit of any person who makes any false statement on an
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0005|     application for a permit or on a claim for refund made under
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0006|     Section 7-13-14 NMSA 1978 who uses gasoline dyed in accordance
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0007|     with Section 7-13-15 NMSA 1978 in a motor boat or in a vehicle
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0008|     licensed to operate on the highways of this state or who
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0009|     violates any other provision of the Gasoline Tax Act.  Such
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0010|     suspension may be, [in] at the discretion of the secretary,
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0011|     for a period of up to one year."
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0012|       Section 7.  Section 7-13-14 NMSA 1978 (being Laws 1971,
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0013|     Chapter 207, Section 13, as amended) is amended to read:
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0014|       "7-13-14.  CLAIM FOR REFUND OF [GASOLINE] TAX PAID ON
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0015|     GASOLINE NOT USED IN MOTOR BOATS OR IN MOTOR VEHICLES LICENSED
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0016|     TO OPERATE ON HIGHWAYS OF THIS STATE.--Upon submission of proof
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0017|     satisfactory to the department, the department shall allow a
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0018|     claim for refund of gasoline tax and highway bonding gasoline
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0019|     tax paid on dyed gasoline purchased and used within six months
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0020|     prior to the filing of the claim by holders of permits issued
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0021|     under Section 7-13-13 NMSA 1978.  The individual purchases of
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0022|     such gasoline, other than that to be used as aviation fuel, must
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0023|     have been made in quantities of fifty gallons or more. 
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0024|     Purchasers of aviation fuel may accumulate invoices to reach the
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0025|     minimum required for filing a claim for refund.  No claim for
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0001|     refund may be presented on less than one hundred gallons so
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0002|     purchased.  The secretary may, by regulation, prescribe the
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0003|     documents necessary to support a claim for refund and the
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0004|     invoice and sales procedure to be followed by sellers and
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0005|     purchasers of gasoline not intended to be used in motor boats or
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0006|     in motor vehicles licensed to operate on the highways of this
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0007|     state by the motor vehicle division of the department."
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0008|       Section 8.  Section 67-3-59.1 NMSA 1978 (being Laws 1989, 
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0009|     Chapter 157, Section 1, as amended) is amended to read:
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0010|       "67-3-59.1.  STATE HIGHWAY DEBENTURES--ISSUANCE--LIMITS--
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0011|     APPROVAL--COUPONS.--
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0012|            A.  In order to provide funds to finance state
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0013|     highway projects, including state highway projects that are
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0014|     required for the waste isolation pilot project and are eligible
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0015|     for federal reimbursement as authorized by federal legislation,
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0016|     the state highway commission is authorized to issue bonds from
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0017|     time to time, payable from the proceeds of the collection of
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0018|     gasoline excise taxes and motor vehicle registration fees that
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0019|     are required by law to be paid into the state road fund and not
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0020|     otherwise pledged solely to the payment of outstanding bonds and
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0021|     debentures.
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0022|            B. Except as provided in Subsection C of this
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0023|     section, the total aggregate outstanding principal amount of
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0024|     bonds issued from time to time pursuant to this section, secured
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0025|     by or payable from the gasoline excise taxes and motor vehicle
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0001|     registration fees, shall not, without additional authorization
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0002|     of the state legislature, exceed one hundred fifty million
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0003|     dollars ($150,000,000) at any given time, subject to the
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0004|     following provisions:
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0005|                 (1)  the total aggregate outstanding principal
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0006|     amount of bonds issued for state highway projects that are
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0007|     required for the waste isolation pilot project and are eligible
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0008|     for federal reimbursement as authorized by federal legislation
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0009|     shall not exceed one hundred million dollars ($100,000,000); and
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0010|                 (2)  the total aggregate outstanding principal
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0011|     amount of bonds issued for state highway projects, other than
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0012|     state highway projects that are required for the waste isolation
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0013|     pilot project and are eligible for federal reimbursement as
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0014|     authorized by federal legislation, shall not exceed fifty
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0015|     million dollars ($50,000,000).
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0016|            C.  An additional two hundred fifty million dollars
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0017|     ($250,000,000) shall be added to the total aggregate outstanding
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0018|     principal amount of bonds authorized for issuance by the state
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0019|     highway commission for state highway projects secured by or
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0020|     payable from the gasoline excise taxes and motor vehicle
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0021|     registration fees required by law to be paid into the state road
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0022|     fund, and the bonds from this additional authorization shall be
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0023|     issued subject to the following conditions:
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0024|                 (1)  the state highway commission shall issue in
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0025|     1996 the amount of bonds that the commission, subject to the
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0001|     provisions of this section, determines can be serviced with an
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0002|     amount approximately equal to the net receipts attributable to
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0003|     four cents ($.04) of the gasoline tax distributed by law into
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0004|     the state road fund; and
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0005|                 (2)  from the amount of authorization remaining
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0006|     under this subsection after issuance of the bonds in Paragraph
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0007|     (1) of this subsection, the state highway commission may issue
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0008|     bonds at any time thereafter as necessary for statewide road
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0009|     improvement projects that the commission determines are
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0010|     necessary for purposes of safety, commerce and economic
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0011|     development.
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0012|            [C.] D.  The state highway commission may issue
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0013|     bonds to refund other bonds issued pursuant to this section by
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0014|     exchange or current or advance refunding.
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0015|            [D.] E.  Each series of bonds shall have a
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0016|     maturity of no more than twenty-five years from the date of
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0017|     issuance; provided that bonds issued pursuant to Subsection C
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0018|     of this section shall have a maturity of no more than five years
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0019|     from the date of issuance.  The state highway commission shall
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0020|     determine all other terms, covenants and conditions of the
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0021|     bonds; provided that the bonds shall not be issued pursuant to
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0022|     this section unless the state board of finance approves the
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0023|     issuance of the bonds and the principal amount of and interest
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0024|     rate or maximum net effective interest rate on the bonds.
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0025|            [E.] F.  The bonds shall be executed with the
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0001|     manual or facsimile signatures of the chairman of the state
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0002|     highway commission, countersigned by the state treasurer and
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0003|     attested to by the secretary of the state highway commission,
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0004|     with the seal of the state highway commission imprinted or
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0005|     otherwise affixed to the bonds.
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0006|            [F.] G.  Proceeds of the bonds may be used to pay
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0007|     expenses incurred in the preparation, issuance and sale of the
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0008|     bonds and, together with the earnings on the proceeds of the
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0009|     bonds, may be used to pay rebate, penalty, interest and other
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0010|     obligations relating to the bonds and the proceeds of the bonds
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0011|     under the Internal Revenue Code of 1986, as amended.
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0012|            [G.] H.  The bonds may be sold at public or
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0013|     private sale.  If sold at public sale, a notice of the time and
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0014|     place of sale shall be published in a newspaper of general
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0015|     circulation in the state, and in any other newspaper determined
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0016|     in the resolution authorizing the issuance of the bonds, once
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0017|     each week for two consecutive weeks prior to the date of sale. 
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0018|     The bonds may be purchased by the state treasurer or state
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0019|     investment officer.
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0020|            [H.] I.  This section is full authority for the
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0021|     issuance and sale of the bonds, and the bonds shall not be
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0022|     invalid for any irregularity or defect in the proceedings for
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0023|     their issuance and sale and shall be incontestable in the hands
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0024|     of bona fide purchasers or holders of the bond for value.
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0025|            [I.] J.  The bonds shall be legal investments for
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0001|     any person or board charged with the investment of public funds
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0002|     and may be accepted as security for any deposit of public money
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0003|     and, with the interest thereon, are exempt from taxation by the
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0004|     state and any political subdivision or agency of the state.
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0005|                              
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0006|                              State of New Mexico
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0007|                    House of Representatives
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0008|   
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0009|                    FORTY-SECOND LEGISLATURE
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0010|                      SECOND SESSION, 1996
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0011|   
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0012|   
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0013|                                              February 7, 1996
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0014|   
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0015|   
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0016|   Mr. Speaker:
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0017|   
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0018|       Your TAXATION AND REVENUE COMMITTEE, to whom has
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0019|   been referred
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0020|   
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0021|                         HOUSE BILL 531
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0022|                                
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0023|                                 has had it under consideration and reports same with
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0024|   recommendation that it DO PASS, amended as follows:
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0025|   
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0001|       1.  On page 1, between lines 18 and 19, insert the following
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0002|   new sections:
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0003|   
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0004|       "Section 1.  Section 7-1-6.7 NMSA 1978 (being Laws 1994,
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0005|   Chapter 5, Section 2, as amended by Laws 1995, Chapter 6, Section
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0006|   1 and also by Laws 1995, Chapter 36, Section 1) is amended to
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0007|   read:
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0008|   
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0009|       "7-1-6.7.  DISTRIBUTIONS--STATE AVIATION FUND.--
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0010|   
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0011|            A.  A distribution pursuant to Section 7-1-6.1 NMSA
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0012|   1978 shall be made to the state aviation fund in an amount equal
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0013|   to three and fifty-nine hundredths percent of the gross receipts
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0014|   attributable to the sale of fuel specially prepared and sold for
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0015|   use in turboprop or jet-type engines as determined by the
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0016|   department.
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0017|   
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0018|            B.  A distribution pursuant to Section 7-1-6.1 NMSA
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0019|   1978 shall be made to the state aviation fund in an amount equal
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0020|   to twenty-six hundredths of one percent of [gasoline taxes] the
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0021|   gasoline tax, exclusive of penalties and interest, collected
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0022|   pursuant to the Gasoline Tax Act."
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0023|   
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0024|       Section 2.  Section 7-1-6.9 NMSA 1978 (being Laws 1991,
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0025|   Chapter 9, Section 11, as amended) is amended to read:
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0001|   
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0002|       "7-1-6.9.  DISTRIBUTION OF GASOLINE TAXES TO MUNICIPALITIES
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0003|   AND COUNTIES.--
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0004|   
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0005|            A.  A distribution pursuant to Section 7-1-6.1 NMSA
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0006|   1978 shall be made in an amount equal to ten and thirty-eight
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0007|   hundredths percent of the net receipts attributable to the
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0008|   [taxes] gasoline tax, exclusive of penalties and interest,
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0009|   imposed by the Gasoline Tax Act.
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0010|   
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0011|            B.  The amount determined in Subsection A of this
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0012|   section shall be distributed as follows:
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0013|   
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0014|                 (1)  ninety percent of the amount shall be paid to
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0015|   the treasurers of municipalities and H class counties in the
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0016|   proportion that the taxable motor fuel sales in each of the
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0017|   municipalities and H class counties bears to the aggregate taxable
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0018|   motor fuel sales in all of these municipalities and H class
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0019|   counties; and
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0020|   
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0021|                 (2)  ten percent of the amount shall be paid to
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0022|   the treasurers of the counties, including H class counties, in the
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0023|   proportion that the taxable motor fuel sales outside of
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0024|   incorporated municipalities in each of the counties bears to the
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0025|   aggregate taxable motor fuel sales outside of incorporated
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0001|   municipalities in all of the counties.
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0002|   
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0003|            C.  This distribution shall be paid into the municipal
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0004|   treasury or county general fund for general purposes or for any
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0005|   special purposes designated by the governing body of the
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0006|   municipality or county.  Any municipality or H class county that
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0007|   has created or that creates a "street improvement fund" to which
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0008|   gasoline tax revenues or distributions are irrevocably pledged
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0009|   under Sections 3-34-1 through 3-34-4 NMSA 1978 or that has pledged
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0010|   all or a portion of gasoline tax revenues or distributions to the
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0011|   payment of bonds shall receive its proportion of the distribution
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0012|   of revenues under this section impressed with and subject to these
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0013|   pledges."".
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0014|   
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0015|       2.  Renumber the succeeding sections accordingly.
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0016|   
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0017|       3.  On page 12, between lines 4 and 5, insert the following
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0018|   new sections:
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0019|   
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0020|       "Section 9.  SEVERABILITY.--If any part or application of
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0021|   this act is held invalid, the remainder or its application to
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0022|   other situations or persons shall not be affected.
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0023|   
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0024|       Section 10.  EFFECTIVE DATE.--The effective date of the
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0025|   provisions of Sections 1 through 3 of this act is July 1, 1996.".
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0001|   
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0002|   
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0003|                                Respectfully submitted,
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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|                                  
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0009|                                Jerry W. Sandel, Chairman
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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|                      Date             
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0017|   
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0018|   The roll call vote was 8  For 3  Against
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0019|   Yes:          8
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0020|   No:      Crook, Hawkins, Parsons
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0021|   Excused: Gallegos, Gonzales
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0022|   Absent:  None
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0023|   
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0024|   
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0025|                                                     .111763.2
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0001|     H0531TR1                    FORTY-SECOND LEGISLATURE
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0002|                          SECOND SESSION
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0003| 
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0004|                                                February 9, 1996
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0005| 
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0006| HOUSE FLOOR AMENDMENT number ______ to HOUSE BILL 531, as amended
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0007| 
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0008| Amendment sponsored by Representative Ben Lujan
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0009| 
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0010| 
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0011|     1.  On page 8, line 15, after "reimbursement" insert "or payment".
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0012| 
    |
0013|     2.  On page 8, line 17, after "from" strike the remainder of the
    |
0014| line, strike all of line 18 and insert in lieu thereof:
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0015| 
    |
0016| "federal funds, not otherwise obligated, that are paid into the state
    |
0017| road fund and from the proceeds from the collection of taxes and fees
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0018| that".
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0019| 
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0020|     3.  On page 8, line 25 and on page 9, line 1, strike "the gasoline
    |
0021| excise taxes and motor vehicle registration fees" and insert in lieu
    |
0022| thereof:
    |
0023| 
    |
0024| "federal funds, not otherwise obligated, that are paid into the state
    |
0025| road fund and the proceeds of the collection of taxes and fees required
    |
0001| by law to be paid into the state road fund".
    |
0002| 
    |
0003|     4.  On page 9, lines 16 and 17, strike "additional two hundred fifty
    |
0004| million dollars ($250,000,000)" and insert in lieu thereof "amount".
    |
0005| 
    |
0006|     5.  On page 9, lines 20 and 21, strike "the gasoline excise taxes
    |
0007| and motor vehicle registration fees" and insert in lieu thereof "federal
    |
0008| funds, not otherwise obligated, and proceeds from the collection of
    |
0009| taxes and fees".
    |
0010| 
    |
0011|     6.  On page 9, line 22, after "and" strike the remainder of the
    |
0012| line, strike all of lines 23 through 25 and on page 10, strike lines 1
    |
0013| through 11, and insert in lieu thereof:
    |
0014| 
    |
0015| "from this additional authorization, the state highway commission may
    |
0016| issue the amount of bonds that the commission, subject to the provisions
    |
0017| of this section, determines can be serviced with an amount approximately
    |
0018| equal to the net receipts attributable to four cents ($.04) of the
    |
0019| gasoline tax distributed by law into the state road fund and any other
    |
0020| receipts distributed by law into the state road fund, other than
    |
0021| gasoline tax receipts in excess of the amount of net receipts
    |
0022| attributable to four cents ($.04) of the gasoline tax.".
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0023| 
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0024| 
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0025| 
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0001| 
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0002| 
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0003| 
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0004|                                      ___________________________
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0005|                                      Ben Lujan
    |
0006| 
    |
0007| 
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0008| 
    |
0009| 
    |
0010| 
    |
0011| 
    |
0012| Adopted___________________   Not Adopted___________________________
    |
0013|          (Chief Clerk)                      (Chief Clerk)
    |
0014| 
    |
0015| 
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0016|                 Date ________________  
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0017|   
    |
0018|                      FORTY-SECOND LEGISLATURE
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0019|                        SECOND SESSION, 1996
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0020|   
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0021|   
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0022|                                                  February 12, 1996
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0023|   
    |
0024|   Mr. President:
    |
0025|   
    |
0001|     Your CORPORATIONS & TRANSPORTATION COMMITTEE, to whom
    |
0002|   has been referred
    |
0003|   
    |
0004|                     HOUSE BILL 531, as amended
    |
0005|   
    |
0006|   has had it under consideration and reports same with recommendation that
    |
0007|   it DO PASS, and thence referred to the WAYS AND MEANS
    |
0008|   COMMITTEE.
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0009|   
    |
0010|                              Respectfully submitted,
    |
0011|   
    |
0012|   
    |
0013|   
    |
0014|                              __________________________________
    |
0015|                              Roman M. Maes, III, Chairman 
    |
0016|   
    |
0017|   
    |
0018|   
    |
0019|   Adopted_______________________ Not Adopted_______________________
    |
0020|             (Chief Clerk)                          (Chief Clerk)
    |
0021|   
    |
0022|   
    |
0023|                     Date ________________________
    |
0024|   
    |
0025|   
    |
0001|   The roll call vote was 5  For 0  Against
    |
0002|   Yes:  5
    |
0003|   No:        0
    |
0004|   Excused:   Kidd, McKibben, Reagan, Robinson
    |
0005|   Absent:    None
    |
0006|   
    |
0007|   
    |
0008|   H0531CT1
    |
0009|   
    |
0010|     
    |
0011|   
    |
0012|                      FORTY-SECOND LEGISLATURE
    |
0013|                        SECOND SESSION, 1996
    |
0014|   
    |
0015|   
    |
0016|                                                  February 14, 1996
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0017|   
    |
0018|   Mr. President:
    |
0019|   
    |
0020|     Your WAYS AND MEANS COMMITTEE, to whom has been referred
    |
0021|   
    |
0022|                     HOUSE BILL 531, as amended
    |
0023|   
    |
0024|   has had it under consideration and reports same with recommendation that
    |
0025|   it DO PASS.
    |
0001|   
    |
0002|                              Respectfully submitted,
    |
0003|   
    |
0004|   
    |
0005|   
    |
0006|                              __________________________________
    |
0007|                              TITO D. CHAVEZ, Chairman 
    |
0008|   
    |
0009|   
    |
0010|   
    |
0011|   Adopted_______________________ Not Adopted_______________________
    |
0012|             (Chief Clerk)                          (Chief Clerk)
    |
0013|   
    |
0014|   
    |
0015|   
    |
0016|                     Date ________________________
    |
0017|   
    |
0018|   
    |
0019|   The roll call vote was  4  For  1  Against
    |
0020|   Yes:  4
    |
0021|   No:        Rawson
    |
0022|   Excused:   Campos, Riley, Wiener
    |
0023|   Absent:    None
    |
0024|   
    |
0025|   
    |
0001|   H0531WM1
    |
0002|   
    |