0001| SENATE BILL 90
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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| TIMOTHY Z. JENNINGS
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0010|
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0011| AN ACT
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0012| RELATING TO SCHOOL DISTRICTS; PROVIDING SCHOOL DISTRICTS WITH
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0013| THE AUTHORITY TO ISSUE GENERAL OBLIGATION BONDS TO PURCHASE
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0014| COMPUTER EQUIPMENT; INCLUDING THE PURCHASE OF COMPUTER EQUIPMENT
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0015| WITHIN THE DEFINITION OF PUBLIC SCHOOL CAPITAL IMPROVEMENTS;
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0016| AMENDING THE PUBLIC SCHOOL CODE.
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0017|
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0018| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0019| Section 1. Section 22-18-1 NMSA 1978 (being Laws 1967,
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0020| Chapter 16, Section 228) is amended to read:
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0021| "22-18-1. GENERAL OBLIGATION BONDS--AUTHORITY TO ISSUE.--Subject to the provisions of Article 9, Section 11 of the
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0022| constitution of New Mexico and Sections [11-6-13 and 11-6-14
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New Mexico Statutes Annotated, 1953 Compilation] 6-15-1 and 6-15-2 NMSA 1978, a school district may issue general obligation
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0024| bonds for the purpose of erecting, remodeling, making additions
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0025| to and furnishing school buildings [or], purchasing or
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0001| improving school grounds, purchasing computer software and
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0002| hardware for student use in public schools or any combination
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0003| of these purposes. [Such] The bonds shall be fully
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0004| negotiable and constitute negotiable instruments within the
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0005| meaning and for all purposes of the Uniform Commercial Code."
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0006| Section 2. Section 22-25-2 NMSA 1978 (being Laws 1975
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0007| (S.S.), Chapter 5, Section 2, as amended) is amended to read:
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0008| "22-25-2. DEFINITIONS.--As used in the Public School
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0009| Capital Improvements Act:
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0010| A. "program unit" means the product of the program
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0011| element multiplied by the applicable cost differential factor,
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0012| as defined in Section 22-8-2 NMSA 1978; and
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0013| B. "capital improvements" means expenditures,
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0014| exclusive of any debt service expenses, for:
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0015| (1) erecting, remodeling, making additions to,
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0016| providing equipment for or furnishing public school buildings;
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0017| (2) purchasing or improving public school
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0018| grounds;
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0019| (3) maintenance of public school buildings or
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0020| public school grounds, exclusive of salary expenses of school
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0021| district employees; [and]
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0022| (4) purchasing activity vehicles for
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0023| transporting students to extracurricular school activities;
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0024| and
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0025| (5) purchasing computer software and hardware
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0001| for student use in public school classrooms."
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0002| - 3 -
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0001|
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0002| FORTY-SECOND LEGISLATURE
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0003| SECOND SESSION, 1996
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0004|
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0005|
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0006| JANUARY 22, 1996
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0007|
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0008| Mr. President:
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0009|
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0010| Your COMMITTEES' COMMITTEE, to whom has been referred
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0011|
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0012| SENATE BILL 91
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0013|
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0014| has had it under consideration and finds same to be GERMANE, PURSUANT
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0015| TO EXECUTIVE MESSAGE NUMBER FOUR, and thence referred to the
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0016| JUDICIARY COMMITTEE.
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0017|
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0018| Respectfully submitted,
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0019|
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0020|
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0021|
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0022|
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0023| __________________________________
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0024| SENATOR MANNY M. ARAGON, Chairman
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0025|
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0001|
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0002|
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0003| Adopted_______________________ Not Adopted_______________________
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0004| (Chief Clerk) (Chief Clerk)
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0005|
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0006|
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0007| Date ________________________
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0008|
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0009|
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0010| S0091CC1
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0011|
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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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0016|
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0017| JANUARY 23, 1996
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0018|
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0019| Mr. President:
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0020|
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0021| Your COMMITTEES' COMMITTEE, to whom has been referred
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0022|
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0023| SENATE BILL 90
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0024|
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0025| has had it under consideration and finds same to be GERMANE, PURSUANT
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0001| TO CONSTITUTIONAL PROVISIONS, and thence referred to the WAYS AND
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0002| MEANS COMMITTEE.
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0003|
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0004| Respectfully submitted,
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0007|
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0008|
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0009| __________________________________
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0010| SENATOR MANNY M. ARAGON, Chairman
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0011|
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0012|
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0013|
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0014| Adopted_______________________ Not Adopted_______________________
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0015| (Chief Clerk) (Chief Clerk)
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0016|
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0017|
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0018| Date ________________________
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0019|
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0020|
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0021|
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0022| S0090CC1
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0023|
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0024| FORTY-SECOND LEGISLATURE
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0025| SECOND SESSION, 1996
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0001|
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0002|
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0003| January 26, 1996
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0004|
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0005| Mr. President:
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0006|
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0007| Your WAYS AND MEANS COMMITTEE, to whom has been referred
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0008|
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0009| SENATE BILL 90
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0010|
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0011| has had it under consideration and reports same with recommendation that
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0012| it DO PASS, and thence referred to the FINANCE COMMITTEE.
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0013|
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0014| Respectfully submitted,
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0016|
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0017|
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0018| __________________________________
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0019| TITO D. CHAVEZ, Chairman
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0020|
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0021|
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0022|
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0023| Adopted_______________________ Not Adopted_______________________
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0024| (Chief Clerk) (Chief Clerk)
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0002| Date ________________________
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0004|
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0005| The roll call vote was 6 For 2 Against
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0006| Yes: 6
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0007| No: Rawson, Rhodes
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0008| Excused: 0
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0009| Absent: 0
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0010|
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0011|
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0012| S0090WM1
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0014|
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0015|
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0016| FORTY-SECOND LEGISLATURE
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0017| SECOND SESSION, 1996
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0018|
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0019|
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0020| February 2, 1996
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0021|
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0022| Mr. President:
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0023|
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0024| Your FINANCE COMMITTEE, to whom has been referred
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0025|
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0001| SENATE BILL 90
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0002|
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0003| has had it under consideration and reports same with recommendation that
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0004| it DO PASS.
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0005|
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0006| Respectfully submitted,
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0008|
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0009|
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0010| __________________________________
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0011| Ben D. Altamirano, Chairman
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0012|
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0013|
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0014|
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0015| Adopted_______________________ Not Adopted_______________________
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0016| (Chief Clerk) (Chief Clerk)
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0018|
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0019|
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0020| Date ________________________
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0021|
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0022|
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0023| The roll call vote was 8 For 0 Against
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0024| Yes: 8
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0025| No: 0
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0001| Excused: Donisthorpe, Duran, Ingle, Kidd, Kysar
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0002| Absent: None
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0003|
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0004|
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0005| S0090FC1
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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 12, 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 EDUCATION COMMITTEE, to whom has been referred
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0019|
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0020| SENATE BILL 90
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0021|
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0022| has had it under consideration and reports same with
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0023| recommendation that it DO PASS, and thence referred to the
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0024| TAXATION AND REVENUE COMMITTEE.
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0025|
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0001| Respectfully submitted,
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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| Samuel F. Vigil, Chairman
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0007|
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0008|
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0009| Adopted Not Adopted
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0010| (Chief Clerk) (Chief Clerk)
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0011|
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0012| Date
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0014| The roll call vote was 8 For 0 Against
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0015| Yes: 8
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0016| Excused: Dolliver, McSherry, Nicely, Weeks
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0017| Absent: None
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0018|
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0019|
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0020|
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0021| S0090EC1 State of New Mexico
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0022| House of Representatives
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0023|
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0024| FORTY-SECOND LEGISLATURE
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0025| SECOND SESSION, 1996
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0001|
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0002|
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0003| February 14, 1996
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0004|
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0005|
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0006| Mr. Speaker:
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0007|
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0008| Your TAXATION AND REVENUE COMMITTEE, to whom has been
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0009| referred
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0010|
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0011| SENATE BILL 90
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0012|
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0013| has had it under consideration and reports same with
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0014| recommendation that it DO PASS.
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0015|
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0016| Respectfully submitted,
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0017|
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0018|
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0019|
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0020|
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0021| Jerry W. Sandel, Chairman
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0022|
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0023|
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0024| Adopted Not Adopted
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0025| (Chief Clerk) (Chief Clerk)
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0001|
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0002| Date
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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| Excused: None
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0007| Absent: Crook, Gonzales, Parsons, Ryan, Stell
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0008|
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0009|
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0010|
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0011| S0090TR1
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