0001| SENATE BILL 762
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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| MANNY M. ARAGON
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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 PUBLIC UTILITIES; ABOLISHING THE NEW MEXICO PUBLIC
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0013| UTILITY COMMISSION; TRANSFERRING POWERS, DUTIES, APPROPRIATIONS,
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0014| PROPERTY, EMPLOYEES AND FUNCTIONS OF THE NEW MEXICO PUBLIC
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0015| UTILITY COMMISSION TO THE STATE CORPORATION COMMISSION;
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0016| AMENDING, REPEALING AND ENACTING SECTIONS OF THE NMSA 1978.
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0017|
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0018| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0019| Section 1. [NEW MATERIAL] NEW MEXICO PUBLIC UTILITY
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0020| COMMISSION ABOLISHED.--The New Mexico public utility commission,
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0021| created pursuant to Section 62-5-1 NMSA 1978, is abolished.
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0022| Section 2. [NEW MATERIAL] TRANSFERS TO THE STATE
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0023| CORPORATION COMMISSION.
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0024| A. The powers, duties and functions of the New
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0025| Mexico public utility commission existing on June 30, 1996 are
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0001| transferred to the state corporation commission on July 1, 1996.
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0002| B. Appropriations made to the New Mexico public
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0003| utility commission for expenditure in fiscal year 1997 and
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0004| subsequent fiscal years, funds budgeted pursuant to those
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0005| appropriations and the authority to spend the funds are
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0006| transferred to the state corporation commission.
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0007| C. Unexpended funds from appropriations for fiscal
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0008| year 1996 and previous fiscal years made to the New Mexico
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0009| public utility commission are transferred to the state
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0010| corporation commission on July 1, 1996, together with the
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0011| authority to spend those funds for the purposes authorized.
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0012| D. Employees, records and property of the New Mexico
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0013| public utility commission existing on June 30, 1996 are
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0014| transferred to the state corporation commission on July 1, 1996.
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0015| Section 3. Section 62-3-3 NMSA 1978 (being Laws 1967,
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0016| Chapter 96, Section 3, as amended by Laws 1993, Chapter 282,
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0017| Section 21 and by Laws 1993, Chapter 308, Section 3 and also by
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0018| Laws 1993, Chapter 351, Section 2) is amended to read:
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0019| "62-3-3. DEFINITIONS, WORDS AND PHRASES.--Unless otherwise
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0020| specified, when used in the Public Utility Act [as amended]:
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0021| A. "affiliated interest" means a person who directly
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0022| or indirectly, through one or more intermediaries, controls or
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0023| is controlled by or is under common control with a public
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0024| utility. Control includes instances where a person is an
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0025| officer, director, partner, trustee or person of similar status
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0001| or function or who owns directly or indirectly or has a
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0002| beneficial interest in ten percent or more of any class of
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0003| securities of a person;
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0004| B. "commission" [means the], "New Mexico public
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0005| [service] utility commission" or "public utility
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0006| commission" means the state corporation commission;
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0007| C. "commissioners" means any member of the
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0008| commission;
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0009| D. "municipality" means any municipal corporation
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0010| organized under the laws of the state and H class counties;
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0011| E. "person" means individuals, firms, partnerships,
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0012| companies, rural electric cooperatives organized under Laws
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0013| 1937, Chapter 100 or the Rural Electric Cooperative Act, as
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0014| amended, corporations and lessees, trustees or receivers
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0015| appointed by any court. It shall not mean any municipality as
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0016| defined in this section unless the municipality has elected to
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0017| come within the terms of the Public Utility Act [as amended]
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0018| as provided in Section 62-6-5 NMSA 1978. In the absence of such
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0019| voluntary election by any municipality to come within the
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0020| provisions of the Public Utility Act [as amended], the
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0021| municipality shall be expressly excluded from the operation of
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0022| that act and from the operation of all of its provisions, and no
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0023| such municipality shall for any purpose be considered a public
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0024| utility;
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0025| F. "securities" means stock, stock certificates,
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0001| bonds, notes, debentures, mortgages or deeds of trust or other
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0002| evidences of indebtedness issued, executed or assumed by any
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0003| utility;
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0004| G. "public utility" or "utility" means every person
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0005| not engaged solely in interstate business and, except as stated
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0006| in Sections 62-3-4 and 62-3-4.1 NMSA 1978, that now does or
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0007| hereafter may own, operate, lease or control:
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0008| (1) any plant, property or facility for the
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0009| generation, transmission or distribution, sale or furnishing to
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0010| or for the public of electricity for light, heat or power or
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0011| other uses;
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0012| (2) any plant, property or facility for the
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0013| manufacture, storage, distribution, sale or furnishing to or for
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0014| the public of natural or manufactured gas or mixed or liquefied
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0015| petroleum gas, for light, heat or power or for other uses; but
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0016| the term "public utility" or "utility" shall not include any
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0017| plant, property or facility used for or in connection with the
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0018| business of the manufacture, storage, distribution, sale or
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0019| furnishing of liquefied petroleum gas in enclosed containers or
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0020| tank truck for use by others than consumers who receive their
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0021| supply through any pipeline system operating under municipal
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0022| authority or franchise, and distributing to the public;
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0023| (3) any plant, property or facility for the
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0024| supplying, storage, distribution or furnishing to or for the
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0025| public of water for manufacturing, municipal, domestic or other
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0001| uses; provided, however, nothing contained in this paragraph
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0002| shall be construed to apply to irrigation systems, the chief or
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0003| principal business of which is to supply water for the purpose
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0004| of irrigation;
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0005| (4) any plant, property or facility for the
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0006| production, transmission, conveyance, delivery or furnishing to
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0007| or for the public of steam for heat or power or other uses; or
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0008| (5) any plant, property or facility for the
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0009| supplying and furnishing to or for the public of sanitary sewers
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0010| for transmission and disposal of sewage produced by
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0011| manufacturing, municipal, domestic or other uses;
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0012| H. "rate" means every rate, tariff, charge or other
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0013| compensation for utility service rendered or to be rendered by
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0014| any utility and every rule, regulation, practice, act,
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0015| requirement or privilege in any way relating to such rate,
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0016| tariff, charge or other compensation and any schedule or tariff
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0017| or part of a schedule or tariff thereof;
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0018| I. "service" or "service regulation" means every
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0019| rule, regulation, practice, act or requirement in any way
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0020| relating to the service or facility of a utility;
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0021| J. "Class I transaction" means the sale, lease or
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0022| provision of real property, water rights or other goods or
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0023| services by an affiliated interest to any public utility with
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0024| which it is affiliated or by a public utility to its affiliated
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0025| interest;
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0001| K. "Class II transaction" means:
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0002| (1) the formation after [the effective date of
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this 1982 act] May 19, 1982 of a corporate subsidiary by a
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0004| public utility or a public utility holding company by a public
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0005| utility or its affiliated interest;
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0006| (2) the direct acquisition of the voting
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0007| securities or other direct ownership interests of a person by a
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0008| public utility if such acquisition would make the
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0009| utility the owner of ten percent or more of the voting
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0010| securities or other direct ownership interests of that person;
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0011| (3) the agreement by a public utility to
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0012| purchase securities or other ownership interest of a person
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0013| other than a nonprofit corporation, contribute additional equity
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0014| to, acquire additional equity interest in or pay or guarantee
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0015| any bonds, notes, debentures, deeds of trust or other evidence
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0016| of indebtedness of any such person; provided, however, that a
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0017| public utility may honor all agreements entered into by such
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0018| utility prior to [the effective date of this 1982 act] May
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0019| 19, 1982; or
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0020| (4) the divestiture by a public utility of any
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0021| affiliated interest which is a corporate subsidiary of the
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0022| public utility;
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0023| L. "corporate subsidiary" means any person ten
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0024| percent or more of whose voting securities or other ownership
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0025| interests are directly owned by a public utility; and
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0001| M. "public utility holding company" means an
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0002| affiliated interest which controls a public utility through the
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0003| direct or indirect ownership of voting securities of such public
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0004| utility."
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0005| Section 4. SAVING CLAUSE.--
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0006| A. Contracts in existence on June 30, 1996 that are
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0007| binding upon the New Mexico public utility commission remain in
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0008| effect and are binding on and inure to the benefit of the state
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0009| corporation commission on and after July 1, 1996.
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0010| B. Valid regulations, rules, directives, orders and
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0011| similar actions taken by the New Mexico public utility
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0012| commission remain valid and enforceable by the state corporation
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0013| commission until properly replaced, superseded, amended or
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0014| repealed.
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0015| Section 5. REPEAL.--Sections 62-5-1 through 62-5-11 NMSA
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0016| 1978 (being Laws 1941, Chapter 84, Section 3, Laws 1977, Chapter
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0017| 255, Section 121 and Laws 1941, Chapter 84, Sections 4 through 8
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0018| and 10 through 13, as amended) are repealed.
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0019| Section 6. EFFECTIVE DATE.--The effective date of the
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0020| provisions of this act is July 1, 1996.
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0021|
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0022|
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0023| FORTY-SECOND LEGISLATURE
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0024| SECOND SESSION, 1996
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0025|
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0001|
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0002| JANUARY 31, 1996
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0003|
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0004| Mr. President:
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0005|
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0006| Your COMMITTEES' COMMITTEE, to whom has been referred
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0007|
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0008| SENATE BILL 762
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0009|
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0010| has had it under consideration and finds same to be GERMANE, PURSUANT
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0011| TO CONSTITUTIONAL PROVISIONS, and thence referred to the
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0012| CORPORATIONS AND TRANSPORTATION COMMITTEE.
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0013|
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0014| Respectfully submitted,
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0015|
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0016|
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0017|
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0018|
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0019| __________________________________
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0020| SENATOR MANNY M. ARAGON, Chairman
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0021|
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0022|
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0023|
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0024| Adopted_______________________ Not Adopted_______________________
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0025| (Chief Clerk) (Chief Clerk)
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0001|
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0002|
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0003| Date ________________________
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0004|
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0005|
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0006|
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0007| S0762CC1
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0008|
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0009| FORTY-SECOND LEGISLATURE
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0010| SECOND SESSION, 1996
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0011|
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0012|
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0013| February 9, 1996
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0014|
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0015| Mr. President:
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0016|
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0017| Your CORPORATIONS & TRANSPORTATION COMMITTEE, to whom
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0018| has been referred
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0019|
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0020| SENATE BILL 762
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0021|
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0022| has had it under consideration and reports same with recommendation that
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0023| it DO PASS, and thence referred to the FINANCE COMMITTEE.
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0024|
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0025| Respectfully submitted,
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0001|
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0002|
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0003|
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0004| __________________________________
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0005| Roman M. Maes, III, Chairman
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0006|
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0007|
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0008|
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0009| Adopted_______________________ Not Adopted_______________________
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0010| (Chief Clerk) (Chief Clerk)
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0011|
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0012|
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0013| Date ________________________
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0014|
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0015|
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0016| The roll call vote was 4 For 1 Against
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0017| Yes: 4
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0018| No: Rawson
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0019| Excused: Kidd, Maloof, McKibben, Reagan
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0020| Absent: None
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0021|
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0022|
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0023| S0762CT1
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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 9, 1996
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0007|
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0008| Mr. President:
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0009|
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0010| Your CORPORATIONS & TRANSPORTATION COMMITTEE, to whom
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0011| has been referred
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0012|
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0013| SENATE BILL 762
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0014|
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0015| has had it under consideration and reports same with recommendation that
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0016| it DO PASS, and thence referred to the FINANCE COMMITTEE.
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0017|
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0018| Respectfully submitted,
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0019|
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0020|
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0021|
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0022| __________________________________
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0023| Roman M. Maes, III, Chairman
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0024|
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0025|
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0001|
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0002| Adopted_______________________ Not Adopted_______________________
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0003| (Chief Clerk) (Chief Clerk)
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0004|
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0005|
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0006| Date ________________________
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0007|
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0008|
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0009| The roll call vote was 4 For 1 Against
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0010| Yes: 4
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0011| No: Rawson
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0012| Excused: Kidd, Maloof, McKibben, Reagan
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0013| Absent: None
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0014|
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0015|
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0016| S0762CT1
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0017|
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0018|
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0019|
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0020| FORTY-SECOND LEGISLATURE
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0021| SECOND SESSION, 1996
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0022|
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0023|
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0024| February 14, 1996
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0025|
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0001| Mr. President:
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0002|
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0003| Your FINANCE COMMITTEE, to whom has been referred
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0004|
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0005| SENATE BILL 762
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0006|
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0007| has had it under consideration and reports same with recommendation that
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0008| it DO PASS.
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0009|
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0010| Respectfully submitted,
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0011|
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0012|
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0013|
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0014| __________________________________
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0015| Ben D.Altamirano, Chairman
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0016|
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0017|
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0018|
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0019| Adopted_______________________ Not Adopted_______________________
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0020| (Chief Clerk) (Chief Clerk)
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0021|
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0022|
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0023|
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0024| Date ________________________
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0025|
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0001|
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0002| The roll call vote was 8 For 0 Against
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0003| Yes: 8
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0004| No: 0
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0005| Excused: Donisthorpe, Duran, Ingle, Kidd, Kysar
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0006| Absent: None
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0007|
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0008|
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0009| S0762FC1
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0010|
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