State of New Mexico
                      House of Representatives
  
                      FORTY-THIRD LEGISLATURE
                        FIRST SESSION, 1997
  
  
                                                   March 11, 1997
  
  
  Mr. Speaker:
  
       Your TAXATION AND REVENUE COMMITTEE, to whom has
  been referred
  
                        HOUSE BILL 498
  
  has had it under consideration and reports same with
  recommendation that it DO PASS, amended as follows:
  
       1.  On page 3, line 15, strike "two hundred twenty thousand",
  insert in lieu thereof "three hundred seventy-five thousand" and at
  the end of the line remove the brackets and line-through.
  
       2.  On page 3, line 16, strike "gallons".
  
       3.  On page 4, line 18, remove the brackets and line-through.
  
       4.  On page 4, line 19, strike "thirty-eight cents ($.38)",
  remove the brackets and line-through and strike "gallon".
  
       5.  On page 4, line 20, remove the brackets and line-through
  and strike "one hundred thousand gallons".
  
       6.  On page 4, line 21, remove both sets of brackets and the
  lines-through and strike "seventy-six cents ($.76)".
  
       7.  On page 4, line 22, strike "gallon", "gallons" and "one"
  and remove both sets of brackets and both lines-through.
  
       8.  On page 4, line 23, strike "hundred thousand gallons",
  insert in lieu thereof "liters" and at the end of the line strike
  "two hundred twenty" and insert in lieu thereof "three hundred
  seventy-five".
  
  
  
                                Respectfully submitted,
  
  
  
                                                                 
                                                              Jerry W. Sandel, Chairman
  
  
  Adopted                       Not Adopted                       
            (Chief Clerk)                       (Chief Clerk)
  
                         Date             
  
  The roll call vote was 9 For 0 Against
  Yes:      9   
            Excused:  Gonzales, Russell, Sandoval, Stell
            Absent:   None
  
  
  .118534.1
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