State of New Mexico
                    House of Representatives
  
                    FORTY-SECOND LEGISLATURE
                      SECOND SESSION, 1996
  
  
                                              February 12, 1996
  
  
  Mr. Speaker:
  
     Your TAXATION AND REVENUE COMMITTEE, to whom has
  been referred
  
                        SENATE BILL 438
                                
                                 has had it under consideration and reports same with
  recommendation that it DO PASS, 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 12  For 0  Against
  Yes:         12
  Excused:     None
  Absent: Ryan
  
  
  
                                                               
  S0438TR1