0001|                            HOUSE BILL 131
    |
0002|     43RD LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 1998
    |
0003|                            INTRODUCED BY
    |
0004|                         HENRY KIKI SAAVEDRA
    |
0005|     
    |
0006|                                   
    |
0007|     
    |
0008|        FOR THE REVENUE STABILIZATION AND TAX POLICY COMMITTEE
    |
0009|     
    |
0010|                                AN ACT
    |
0011|     RELATING TO TAXATION; DELAYING THE REPEAL OF THE GROSS
    |
0012|     RECEIPTS DEDUCTION FOR RAILWAY ROADBED MATERIALS.
    |
0013|     
    |
0014|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
    |
0015|          Section 1.  Laws 1995, Chapter 50, Section 7 is amended
    |
0016|     to read:
    |
0017|          "Section 7.  EFFECTIVE DATES.--
    |
0018|               A.  The effective date of the provisions of Section
    |
0019|     6 of <s>[this act]</s> <u>Chapter 50 of Laws 1995</u> is July 1,
    |
0020|     <s>[1998]</s> <u>2003</u>.
    |
0021|               B.  The effective date of the provisions of
    |
0022|     Sections 1 through 5 of <s>[this act]</s> <u>Chapter 50 of Laws 1995</u>
    |
0023|     is July 1, 1995."   
    |
0024|     .120113.1
    |