FORTY-THIRD LEGISLATURE             HB 74/A
                        SECOND SESSION, 1998
  
  
  
                                                February 17, 1998
  
  
  
  Mr. President:
  
      Your CONSERVATION COMMITTEE, to whom has been referred
  
                     HOUSE BILL 74, as amended
  
  has had it under consideration and reports same with
  recommendation that it DO PASS, amended as follows:
  
      1.  On page 92, line 12, after the semicolon insert: 
  
  "provided, however, that a tariff, final order or other
  nonprocedural official act of the state corporation commission,
  the state insurance board, the fire board or the New Mexico public
  utility commission promulgated, approved, made or taken after
  January 1, 1998 shall be reviewed by the public regulation
  commission and unless modified or repealed before June 15, 1999,
  after notice and hearing, for prospective application by that
  commission is deemed ratified; and".
  
      2.  On page 92, line 12, after "provided" and before the comma
  insert "further". 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
                               Respectfully submitted,
  
  
  
                               __________________________________
                               Michael S. Sanchez, Chairman 
  
  
  Adopted_______________________   Not Adopted_______________________
            (Chief Clerk)                          (Chief Clerk)
  
                    Date ________________________
  
  
  The roll call vote was <u> 8 </u> For <u> 0 </u> Against
          Yes:    8
          No:     None
  Excused: Davis, Kysar
          Absent: None
  
  
  H0074CO1                                              .123253.2