FORTY-NINTH LEGISLATURE

FIRST SESSION, 2009

February 3, 2009

Mr. Speaker:

    Your TRANSPORTATION AND PUBLIC WORKS COMMITTEE, to whom has been referred

HOUSE BILL 12

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

1. On page 1, line 13, after "DISCOUNT" strike the period and insert "; MAKING APPROPRIATIONS.".

     2. On page 3, line 3, strike the closing quote and, between lines 3 and 4, insert the following new subsection:

          "F. No later than January 31 of each year, the secretary shall determine the amount of the total reduction in registration fees that resulted from renewals by internet or telephone in the previous calendar year. The secretary may request approval from the department of finance and administration to transfer an amount no greater than that total reduction in registration fees determined by the secretary, by March 1 of each year, to the motor vehicle suspense fund from the balances in the department's nonreverting other state funds. The balances in funds are appropriated to the department for the purpose of distributing an amount of no more than the reduction in registration fees determined by the secretary to the state road fund, municipalities and counties pursuant to Section 66-6-23.1 NMSA 1978."".