0001|                        SENATE BILL 703
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0002|     42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION,
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0003|     1996
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0004|                         INTRODUCED BY
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0005|                        VIRGIL O. RHODES
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0006|     
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0007|                                
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0008|     
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0009|     
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0010|     
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0011|                             AN ACT
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0012|     RELATING TO EDUCATION; PROVIDING THAT TECHNICAL AND VOCATIONAL
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0013|     INSTITUTE DISTRICTS BE LIMITED TO CERTAIN CLASS A COUNTIES;
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0014|     PROVIDING FOR TRANSFER OF SPECIAL ASSESSMENT PROCEEDS; MAKING AN
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0015|     APPROPRIATION.
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0016|     
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0017|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0018|       Section 1.  A new section of the Technical and Vocational
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0019|     Institute Act is enacted to read:
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0020|       "[<u>NEW MATERIAL</u>]  TECHNICAL AND VOCATIONAL INSTITUTE IN
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0021|     CERTAIN CLASS A COUNTIES.--Notwithstanding any other provisions
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0022|     of the Technical and Vocational Institute Act, no technical and
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0023|     vocational institute district that includes a class A county
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0024|     with assessed valuation in excess of four hundred million
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0025|     dollars ($400,000,000) shall include any territory outside the
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0001|     class A county."
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0002|       Section 2.  TEMPORARY PROVISION--TRANSFER OF SPECIAL
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0003|     ASSESSMENT.--Proceeds derived from any special assessment levy
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0004|     in any county that, pursuant to this act, can no longer be
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0005|     included in a technical and vocational institute district in a
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0006|     class A county with an assessed valuation in excess of four
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0007|     hundred million dollars ($400,000,000) shall be held in a
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0008|     segregated trust fund by the district.  The trust fund shall be
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0009|     used for development of a community college or similar
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0010|     facilities in any county that is excluded from the district
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0011|     pursuant to this act.  The fund shall be expended upon
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0012|     certification by the school boards located in any such counties.
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0013|                                    
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0014|   
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0015|                    FORTY-SECOND LEGISLATURE
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0016|                      SECOND SESSION, 1996
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0017|   
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0018|   
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0019|                                              FEBRUARY 1, 1996
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0020|   
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0021|   Mr. President:
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0022|   
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0023|     Your COMMITTEES' COMMITTEE, to whom has been referred
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0024|   
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0025|                           SENATE BILL 703
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0001|   
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0002|   has had it under consideration and finds same to be GERMANE, PURSUANT
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0003|   TO CONSTITUTIONAL PROVISIONS, and thence referred to the PUBLIC
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0004|   AFFAIRS COMMITTEE.
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0005|   
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0006|                              Respectfully submitted,
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0007|   
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0008|   
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0009|   
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0010|   
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0011|                              __________________________________
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0012|                              SENATOR MANNY M. ARAGON, Chairman 
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0013|   
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0014|   
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0015|   
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0016|   Adopted_______________________ Not Adopted_______________________
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0017|             (Chief Clerk)                        (Chief Clerk)
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0018|   
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0019|   
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0020|                     Date ________________________
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0021|   
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0022|   
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0023|   S0703CC1
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0024|   
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0025|     
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0001|   
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0002|                      FORTY-SECOND LEGISLATURE
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0003|                        SECOND SESSION, 1996
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0004|   
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0005|   
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0006|                                                   February 5, 1996
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0007|   
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0008|   Mr. President:
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0009|   
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0010|     Your PUBLIC AFFAIRS COMMITTEE, to whom has been referred
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0011|   
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0012|                           SENATE BILL 703
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0013|   
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0014|   has had it under consideration and reports same with recommendation that
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0015|   it DO PASS, and thence referred to the FINANCE COMMITTEE.
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0016|   
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0017|                              Respectfully submitted,
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0018|   
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0019|   
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0020|   
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0021|                              __________________________________
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0022|                              Shannon Robinson, Chairman 
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0023|   
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0024|   
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0025|   
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0001|   Adopted_______________________ Not Adopted_______________________
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0002|             (Chief Clerk)                          (Chief Clerk)
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0003|   
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0004|   
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0005|                     Date ________________________
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0006|   
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0007|   
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0008|   The roll call vote was <u> 5 </u> For <u> 0 </u> Against
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0009|   Yes:  5
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0010|   No:        None
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0011|   Excused: E. Jennings, Naranjo, Wiener
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0012|   Absent:    none
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0013|   
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0014|   
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0015|   S0703PA1
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0016|   
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0017|   
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