0001| HOUSE BILL 938 | 0002| 43rd legislature - STATE OF NEW MEXICO - first session, 1997 | 0003| INTRODUCED BY | 0004| BRETT D. JOHNSON | 0005| | 0006| | 0007| | 0008| | 0009| | 0010| AN ACT | 0011| RELATING TO STATE PROPERTY; CREATING THE PROPERTY CONTROL | 0012| RESERVE FUND; PROVIDING FOR ADMINISTRATION OF THE FUND; MAKING | 0013| AN APPROPRIATION. | 0014| | 0015| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0016| Section 1. PROPERTY CONTROL RESERVE FUND--CREATED-- | 0017| PURPOSE--BOARD OF FINANCE APPROVAL FOR EXPENDITURES.--The | 0018| "property control reserve fund" is created in the state | 0019| treasury. The purpose of the fund is to provide a reserve | 0020| account from which the property control division of the general | 0021| services department can purchase or construct state office | 0022| buildings, in particular to alleviate the state's reliance on | 0023| expensive leased office space in Santa Fe. The fund shall | 0024| consist of appropriations, money from the sale of real property | 0025| under the control of the division, gifts, grants, donations, | 0001| bequests and income from investment of the fund. Money in the | 0002| fund shall not revert to the general fund at the end of any | 0003| fiscal year. The division shall administer the fund. Subject | 0004| to the approval of the state board of finance, money in the | 0005| fund is appropriated to the division to purchase or acquire | 0006| land and construct state office buildings in Santa Fe. | 0007| Disbursements from the fund shall be made on warrant drawn by | 0008| the secretary of finance and administration pursuant to | 0009| vouchers signed by the director of the division or his | 0010| authorized representative. | 0011| Section 2. APPROPRIATION.--Two hundred forty-three | 0012| thousand five hundred dollars ($243,500) is appropriated from | 0013| the general fund to the property control reserve fund for | 0014| expenditure in fiscal year 1998 and subsequent fiscal years, to | 0015| provide a reserve account from which the property control | 0016| division of the general services department can purchase or | 0017| construct state office buildings. Any unexpended or | 0018| unencumbered balance remaining at the end of the end of any | 0019| fiscal year shall not revert to the general fund. | 0020|  State of New Mexico | 0021| House of Representatives | 0022| | 0023| FORTY-THIRD LEGISLATURE | 0024| FIRST SESSION, 1997 | 0025| | 0001| | 0002| March 3, 1997 | 0003| | 0004| | 0005| Mr. Speaker: | 0006| | 0007| Your TAXATION AND REVENUE COMMITTEE, to whom has | 0008| been referred | 0009| | 0010| HOUSE BILL 938 | 0011| | 0012| has had it under consideration and reports same with | 0013| recommendation that it DO PASS, amended as follows: | 0014| | 0015| 1. On page 2, line 3, after the second period strike the | 0016| remainder of the line, strike line 4 through the comma and insert | 0017| in lieu thereof "The legislature shall appropriate". | 0018| | 0019| 2. On page 2, line 5, strike "is appropriated". | 0020| | 0021| 3. On page 2, line 6, after "Fe" insert "in accordance with | 0022| the state's four-year major capital improvements plan"., | 0023| | 0024| and thence referred to the APPROPRIATIONS AND FINANCE | 0025| COMMITTEE. | 0001| | 0002| Respectfully submitted, | 0003| | 0004| | 0005| | 0006| | 0007| | 0008| Jerry W. Sandel, Chairman | 0009| | 0010| | 0011| Adopted Not Adopted | 0012| | 0013| (Chief Clerk) (Chief Clerk) | 0014| | 0015| Date | 0016| | 0017| The roll call vote was 10 For 0 Against | 0018| Yes: 10 | 0019| Excused: Gonzales, Lovejoy, Lujan | 0020| Absent: None | 0021| | 0022| | 0023| .117870.1 | 0024| G:\BILLTEXT\BILLW_97\H0938 State of New Mexico | 0025| House of Representatives | 0001| | 0002| FORTY-THIRD LEGISLATURE | 0003| FIRST SESSION, 1997 | 0004| | 0005| | 0006| March 14, 1997 | 0007| | 0008| | 0009| Mr. Speaker: | 0010| | 0011| Your APPROPRIATIONS AND FINANCE COMMITTEE, to | 0012| whom has been referred | 0013| | 0014| HOUSE BILL 938, as amended | 0015| | 0016| has had it under consideration and reports same with | 0017| recommendation that it DO PASS, amended as follows: | 0018| | 0019| 1. On page 1, lines 12 and 13, strike "; MAKING AN | 0020| APPROPRIATION". | 0021| | 0022| 2. On page 2, strike Section 2 in its entirety. | 0023| | 0024| Respectfully submitted, | 0025| | 0001| | 0002| | 0003| | 0004| | 0005| Max Coll, Chairman | 0006| | 0007| | 0008| Adopted Not Adopted | 0009| | 0010| (Chief Clerk) (Chief Clerk) | 0011| | 0012| Date | 0013| | 0014| The roll call vote was 15 For 0 Against | 0015| Yes: 15 | 0016| Excused: Picraux, Taylor, J.P. | 0017| Absent: None | 0018| | 0019| | 0020| | 0021| G:\BILLTEXT\BILLW_97\H0938 |