State of New Mexico
                      House of Representatives
  
                      FORTY-THIRD LEGISLATURE
                        FIRST SESSION, 1997
  
  
                                                    March 5, 1997
  
  
  Mr. Speaker:
  
       Your TAXATION AND REVENUE COMMITTEE, to whom has
  been referred
  
                        HOUSE BILL 995
                               
  has had it under consideration and reports same with
  recommendation that it DO PASS, amended as follows:
  
        1.  On page 2, line 2, after "having" strike the remainder of
  the line and all of lines 3 and 4 and insert in lieu thereof
  "previously qualified to impose and did impose the tax pursuant to
  the provisions of the Supplemental Municipal Gross Receipts Tax
  Act;".
  
         2.  On page 8, line 15, strike "may" and insert in lieu
  thereof "shall not".
  
        3.  On page 8, line 16, after the comma insert "but may".
  
                                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:  Crook
            Absent:   None
  
  
  .118236.1
  .118342.1
  
  G:\BILLTEXT\AMEND_97\H0995TR1