0001| HOUSE BILL 413 | 0002| 43RD LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 1998 | 0003| INTRODUCED BY | 0004| LUCIANO "LUCKY" VARELA | 0005| | 0006| | 0007| | 0008| | 0009| | 0010| AN ACT | 0011| RELATING TO STATE FINANCES; REPEALING THE PREMIUM TAX | 0012| LITIGATION SURCHARGE; REVERTING SEVERAL INACTIVE STATE | 0013| CORPORATION COMMISSION ACCOUNTS; DECLARING AN EMERGENCY. | 0014| | 0015| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0016| Section 1. REVERSIONS.--The following amounts in the | 0017| following inactive state corporation commission accounts are | 0018| reverted to the general fund: | 0019| A. three thousand six hundred ninety-three dollars | 0020| forty cents ($3,693.40) in account 302, federal hazardous | 0021| material; | 0022| B. one hundred fifty-three thousand two hundred | 0023| forty-three dollars twenty-nine cents ($153,243.29) in account | 0024| 306, premium tax litigation; | 0025| C. one hundred eighty dollars eighty-three cents |
- 1 -
0001| ($180.83) in account 609, federal railroad safety; and | 0002| D. two hundred seventy-four dollars eighty-five | 0003| cents ($274.85) in account 842, freight claims. | 0004| Section 2. REPEAL.--Laws 1988, Chapter 76, Section 7 is | 0005| repealed. | 0006| Section 3. EMERGENCY.--It is necessary for the public | 0007| peace, health and safety that this act take effect | 0008| immediately. | 0009|  |