FORTY-SIXTH LEGISLATURE

FIRST SESSION, 2003





February 20, 2003





Mr. Speaker:



Your TRANSPORTATION COMMITTEE, to whom has been referred



HOUSE BILL 225



has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:



1. On page 7, line 2, after "vehicle" insert ", to be refunded to the purchaser or lender, as applicable, in exchange for return of the vehicle".



2. On page 7, line 8, strike "The seller hereby warrants" and insert in lieu thereof "New Mexico law requires".



3. On page 8, line 24, strike "the" and insert in lieu thereof "that".



4. On page 8, after line 24, insert the following new section to read:



"Section 4. EFFECTIVE DATE.--The effective date of the provisions of this act is January 1, 2004.".,

and thence referred to the BUSINESS AND INDUSTRY COMMITTEE.



Respectfully submitted,







Daniel P. Silva, Chairman





Adopted Not Adopted

(Chief Clerk) (Chief Clerk)



Date



The roll call vote was 7 For 0 Against

Yes: 7

Excused: Crook, Roberts, Saavedra, Taylor, J. G., Whitaker

Absent: None





.145973.1

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