State of New Mexico House of Representatives FORTY-THIRD LEGISLATURE FIRST SESSION, 1997 March 3, 1997 Mr. Speaker: Your TAXATION AND REVENUE COMMITTEE, to whom has been referred HOUSE BILL 244 has had it under consideration and reports same with recommendation that it DO PASS, amended as follows: 1. On page 1, line 24, after "interest" insert ", privilege". 2. On page 3, line 7, before "or" insert ", privilege tax". 3. On page 3, line 15, after "valorem" insert ", possessory interest". 4. On page 4, between lines 12 and 13, insert the following new subsection: "H. As used in this section, "coal resource excise tax" means any tax imposed on coal pursuant to the Resources Excise Tax Act."., and thence referred to the APPROPRIATIONS AND FINANCE COMMITTEE. Respectfully submitted, Jerry W. Sandel, Chairman Adopted Not Adopted (Chief Clerk) (Chief Clerk) Date The roll call vote was 11 For 0 Against Yes: 11 Excused: Gonzales, Lujan Absent: None .115980.1 G:\BILLTEXT\AMEND_97\H0244TR1