State of New Mexico House of Representatives FORTY-SECOND LEGISLATURE SECOND SESSION, 1996 February 13, 1996 Mr. Speaker: Your TAXATION AND REVENUE COMMITTEE, to whom has been referred HOUSE BILL 792 has had it under consideration and reports same with recommendation that it DO PASS, amended as follows: 1. On page 1, between lines 15 and 16, insert the following new section to read: "Section 1. A new Section 15-10-11 NMSA 1978 is enacted to read: "15-10-11. [NEW MATERIAL] OPERATING FUND CREATED--EXPENDITURES--TRANSFERS.-- A. There is created in the state treasury the "information systems division operating fund". All income from investment of the fund shall be credited to the fund. Balances remaining in the fund at the end of any fiscal year shall not revert to the general fund. B. Expenditures from the fund shall be made only upon vouchers approved by the director of the information systems division of the general services department." Section 2. Section 15-1-10 NMSA 1978 (being Laws 1986, Chapter 81, Section 10, as amended) is recompiled as Section 15-10-12 NMSA 1978 and is amended to read: "15-10-12. DATA PROCESSING EQUIPMENT REVOLVING FUND CREATED--DISBURSEMENT.-- A. There is created in the state treasury the "data processing equipment revolving fund". [The] All income from investment of the fund shall be credited to the fund. Balances remaining in the fund at the end of any fiscal year shall not revert to the general fund. B. Expenditures from the data processing equipment revolving fund shall be made for the purpose of acquiring and replacing data processing equipment. Such expenditures shall be made only upon vouchers approved by the director of the information systems division of the general services department and shall be disbursed pursuant to a [five] three-year plan prepared by the division and [approved by the commission and presented] submitted annually to the department of finance and administration and the [legislature] legislative finance committee. C. When changes in the [five] three-year plan are necessary, justification for such changes shall be [presented to the commission for approval, with copies] submitted to the department of finance and administration and the legislative finance committee." Section 3. Section 15-1-11 NMSA 1978 (being Laws 1986, Chapter 81, Section 11, as amended) is recompiled as Section 15-10-13 NMSA 1978 and is amended to read: "15-10-13. COMMUNICATIONS EQUIPMENT REVOLVING FUND CREATED--DISBURSEMENT.-- A. There is created in the state treasury the "communications equipment revolving fund". [The] All income from investment of the fund shall be credited to the fund. Balances remaining in the fund at the end of any fiscal year shall not revert to the general fund. B. Expenditures from the communications equipment revolving fund shall be made for the purpose of acquiring and replacing communications equipment. Such expenditures shall be made only upon vouchers approved by the director of the information systems division of the general services department and shall be disbursed pursuant to a [five] three-year plan prepared by the division and [approved by the commission and presented] submitted annually to the department of finance and administration and the [legislature] legislative finance committee. C. When changes in the [five] three-year plan are necessary, justification for such changes shall be [presented to the commission for approval, with copies] submitted to the department of finance and administration and the legislative finance committee."". 2. Renumber the succeeding sections accordingly. 3. On page 5, line 3, strike "that is". 4. On page 5, lines 7 and 8, strike "the Information and Communications Systems Act" and insert in lieu thereof "Section 15-10-17 NMSA 1978"., and thence referred to the APPROPRIATIONS AND FINANCE COMMITTEE. Respectfully submitted, Jerry W. Sandel, Chairman Adopted Not Adopted (Chief Clerk) (Chief Clerk) Date The roll call vote was 11 For 0 Against Yes: 11 Excused: Lovejoy, Sandel Absent: None .112199.1 H0792TR1