0001| HOUSE BILL 1059
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0002| 43rd legislature - STATE OF NEW MEXICO - first session, 1997
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0003| INTRODUCED BY
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0004| DANIEL P. SILVA
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0005|
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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| AN ACT
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0011| RELATING TO FINANCING OF HIGHWAY PROJECTS; INCREASING THE RATE
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0012| OF THE GASOLINE TAX FOR A CERTAIN PERIOD; AUTHORIZING THE STATE
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0013| HIGHWAY COMMISSION TO ISSUE BONDS FOR CERTAIN HIGHWAY PROJECTS;
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0014| ADJUSTING DISTRIBUTIONS; AMENDING, REPEALING AND ENACTING
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0015| SECTIONS OF THE NMSA 1978; MAKING APPROPRIATIONS.
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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. Section 7-1-6.7 NMSA 1978 (being Laws 1994,
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0019| Chapter 5, Section 2, as amended by Laws 1995, Chapter 6,
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0020| Section 1 and also by Laws 1995, Chapter 36, Section 1) is
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0021| amended to read:
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0022| "7-1-6.7. DISTRIBUTIONS--STATE AVIATION FUND.--
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0023| A. A distribution pursuant to Section 7-1-6.1 NMSA
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0024| 1978 shall be made to the state aviation fund in an amount
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0025| equal to three and fifty-nine hundredths percent of the gross
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0001| receipts attributable to the sale of fuel specially prepared
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0002| and sold for use in turboprop or jet-type engines as determined
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0003| by the department.
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0004| B. A distribution pursuant to Section 7-1-6.1 NMSA
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0005| 1978 shall be made to the state aviation fund in an amount
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0006| equal to [twenty-six hundredths] nineteen hundredths of one
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0007| percent of gasoline taxes, exclusive of penalties and interest,
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0008| collected pursuant to the Gasoline Tax Act."
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0009| Section 2. Section 7-1-6.8 NMSA 1978 (being Laws 1983,
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0010| Chapter 211, Section 13, as amended) is amended to read:
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0011| "7-1-6.8. DISTRIBUTION--MOTORBOAT FUEL TAX FUND.--A
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0012| distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be
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0013| made to the motorboat fuel tax fund in an amount equal to
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0014| [thirteen hundredths] nine hundredths of one percent of the
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0015| net receipts attributable to the gasoline tax."
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0016| Section 3. Section 7-1-6.9 NMSA 1978 (being Laws 1991,
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0017| Chapter 9, Section 11, as amended) is amended to read:
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0018| "7-1-6.9. DISTRIBUTION OF GASOLINE TAXES TO
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0019| MUNICIPALITIES AND COUNTIES.--
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0020| A. A distribution pursuant to Section 7-1-6.1 NMSA
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0021| 1978 shall be made in an amount equal to [ten and thirty-eight
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hundredths] seven and sixty-seven hundredths percent of the
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0023| net receipts attributable to the taxes, exclusive of penalties
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0024| and interest, imposed by the Gasoline Tax Act.
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0025| B. The amount determined in Subsection A of this
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0001| section shall be distributed as follows:
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0002| (1) ninety percent of the amount shall be paid
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0003| to the treasurers of municipalities and H class counties in the
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0004| proportion that the taxable motor fuel sales in each of the
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0005| municipalities and H class counties bears to the aggregate
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0006| taxable motor fuel sales in all of these municipalities and H
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0007| class counties; and
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0008| (2) ten percent of the amount shall be paid to
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0009| the treasurers of the counties, including H class counties, in
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0010| the proportion that the taxable motor fuel sales outside of
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0011| incorporated municipalities in each of the counties bears to
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0012| the aggregate taxable motor fuel sales outside of incorporated
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0013| municipalities in all of the counties.
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0014| C. This distribution shall be paid into the
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0015| municipal treasury or county general fund for general purposes
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0016| or for any special purposes designated by the governing body of
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0017| the municipality or county. Any municipality or H class county
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0018| that has created or that creates a "street improvement fund" to
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0019| which gasoline tax revenues or distributions are irrevocably
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0020| pledged under Sections 3-34-1 through 3-34-4 NMSA 1978 or that
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0021| has pledged all or a portion of gasoline tax revenues or
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0022| distributions to the payment of bonds shall receive its
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0023| proportion of the distribution of revenues under this section
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0024| impressed with and subject to these pledges."
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0025| Section 4. Section 7-1-6.19 NMSA 1978 (being Laws 1991,
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0001| Chapter 9, Section 15, as amended) is amended to read:
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0002| "7-1-6.19. DISTRIBUTION--COUNTY GOVERNMENT ROAD FUND
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0003| CREATED.--
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0004| A. There is created in the state treasury the
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0005| "county government road fund".
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0006| B. A distribution pursuant to Section 7-1-6.1 NMSA
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0007| 1978 shall be made to the county government road fund in an
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0008| amount equal to [five and seventy-six hundredths] four and
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0009| twenty-six hundredths percent of the net receipts attributable
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0010| to the gasoline tax."
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0011| Section 5. Section 7-1-6.27 NMSA 1978 (being Laws 1991,
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0012| Chapter 9, Section 20, as amended) is amended to read:
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0013| "7-1-6.27. DISTRIBUTION--MUNICIPAL ROADS.--
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0014| A. A distribution pursuant to Section 7-1-6.1 NMSA
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0015| 1978 shall be made to municipalities for the purposes and
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0016| amounts specified in this section in an aggregate amount equal
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0017| to [five and seventy-six hundredths] four and twenty-six
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0018| hundredths percent of the net receipts attributable to the
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0019| gasoline tax.
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0020| B. The distribution authorized in this section
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0021| shall be used for the following purposes:
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0022| (1) reconstructing, resurfacing, maintaining,
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0023| repairing or otherwise improving existing alleys, streets,
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0024| roads or bridges, or any combination of the foregoing; or
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0025| laying off, opening, constructing or otherwise acquiring new
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0001| alleys, streets, roads or bridges, or any combination of the
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0002| foregoing; provided that any of the foregoing improvements may
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0003| include, but are not limited to, the acquisition of rights of
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0004| way; and
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0005| (2) for expenses of purchasing, maintaining
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0006| and operating transit operations and facilities, for the
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0007| operation of a transit authority established by the municipal
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0008| transit law and for the operation of a vehicle emission
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0009| inspection program. A municipality may engage in the business
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0010| of the transportation of passengers and property within the
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0011| political subdivision by whatever means the municipality may
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0012| decide and may acquire cars, trucks, motor buses and other
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0013| equipment necessary for operating the business. A municipality
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0014| may acquire land, erect buildings and equip the buildings with
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0015| all the necessary machinery and facilities for the operation,
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0016| maintenance, modification, repair and storage of the cars,
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0017| trucks, motor buses and other equipment needed. A municipality
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0018| may do all things necessary for the acquisition and the conduct
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0019| of the business of public transportation.
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0020| C. For the purposes of this section:
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0021| (1) "computed distribution amount" means the
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0022| distribution amount calculated for a municipality for a month
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0023| pursuant to Paragraph (2) of Subsection D of this section prior
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0024| to any adjustments to the amount due to the provisions of
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0025| Subsections E and F of this section;
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0001| (2) "floor amount" means four hundred
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0002| seventeen dollars ($417);
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0003| (3) "floor municipality" means a municipality
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0004| whose computed distribution amount is less than the floor
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0005| amount; and
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0006| (4) "full distribution municipality" means a
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0007| municipality whose population at the last federal decennial
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0008| census was at least two hundred thousand.
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0009| D. Subject to the provisions of Subsections E and F
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0010| of this section, each municipality shall be distributed a
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0011| portion of the aggregate amount distributable under this
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0012| section in an amount equal to the greater of:
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0013| (1) the floor amount; or
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0014| (2) eighty-five percent of the aggregate
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0015| amount distributable under this section times a fraction, the
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0016| numerator of which is the municipality's reported taxable
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0017| gallons of gasoline for the immediately preceding state fiscal
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0018| year and the denominator of which is the reported total taxable
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0019| gallons for all municipalities for the same period.
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0020| E. Fifteen percent of the aggregate amount
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0021| distributable under this section shall be referred to as the
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0022| "redistribution amount". Beginning in August 1990, and each
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0023| month thereafter, from the redistribution amount there shall be
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0024| taken an amount sufficient to increase the computed
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0025| distribution amount of every floor municipality to the floor
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0001| amount. In the event that the redistribution amount is
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0002| insufficient for this purpose, the computed distribution amount
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0003| for each floor municipality shall be increased by an amount
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0004| equal to the redistribution amount times a fraction, the
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0005| numerator of which is the difference between the floor amount
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0006| and the municipality's computed distribution amount and the
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0007| denominator of which is the difference between the product of
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0008| the floor amount multiplied by the number of floor
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0009| municipalities and the total of the computed distribution
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0010| amounts for all floor municipalities.
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0011| F. If a balance remains after the redistribution
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0012| amount has been reduced pursuant to Subsection E of this
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0013| section, there shall be added to the computed distribution
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0014| amount of each municipality that is neither a full distribution
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0015| municipality nor a floor municipality an amount that equals the
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0016| balance of the redistribution amount times a fraction, the
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0017| numerator of which is the computed distribution amount of the
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0018| municipality and the denominator of which is the sum of the
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0019| computed distribution amounts of all municipalities that are
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0020| neither full distribution municipalities nor floor
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0021| municipalities."
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0022| Section 6. Section 7-1-6.28 NMSA 1978 (being Laws 1991,
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0023| Chapter 9, Section 22, as amended) is amended to read:
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0024| "7-1-6.28. DISTRIBUTION--MUNICIPAL ARTERIAL PROGRAM OF
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0025| LOCAL GOVERNMENTS ROAD FUND.--A distribution pursuant to
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0001| Section 7-1-6.1 NMSA 1978 shall be made to the municipal
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0002| arterial program of the local governments road fund created in
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0003| Section 67-3-28.2 NMSA 1978 in an amount equal to [one and
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forty-four hundredths] one and six hundredths percent of the
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0005| net receipts attributable to the gasoline tax."
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0006| Section 7. Section 7-13-3 NMSA 1978 (being Laws 1971,
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0007| Chapter 207, Section 3, as amended) is amended to read:
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0008| "7-13-3. IMPOSITION AND RATE OF TAX--DENOMINATION AS
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0009| "GASOLINE TAX".--
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0010| A. For the privilege of receiving gasoline in this
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0011| state, there is imposed an excise tax at a rate provided in
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0012| Subsection B of this section on each gallon of gasoline
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0013| received in New Mexico.
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0014| B. The tax imposed by Subsection A of this section
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0015| shall be:
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0016| (1) [seventeen cents ($.17)] prior to July
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0017| 1, 2003, twenty-three cents ($.23) per gallon received in New
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0018| Mexico;
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0019| (2) for the period from July 1, 2003 to July
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0020| 1, 2009, twenty-two cents ($.22); and
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0021| (3) on and after July 1, 2009, sixteen cents
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0022| ($.16).
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0023| C. The tax imposed by this section may be called
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0024| the "gasoline tax"."
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0025| Section 8. Section 67-3-59.1 NMSA 1978 (being Laws 1989,
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0001| Chapter 157, Section 1, as amended) is amended to read:
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0002| "67-3-59.1. STATE HIGHWAY DEBENTURES--ISSUANCE--LIMITS--
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0003| APPROVAL--COUPONS.--
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0004| A. In order to provide funds to finance state
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0005| highway projects, including state highway projects that are
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0006| required for the waste isolation pilot project and are eligible
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0007| for federal reimbursement as authorized by federal legislation,
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0008| the state highway commission is authorized to issue bonds from
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0009| time to time, payable from the proceeds of the collection of
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0010| gasoline excise taxes and motor vehicle registration fees that
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0011| are required by law to be paid into the state road fund and not
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0012| otherwise pledged solely to the payment of outstanding bonds
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0013| and debentures.
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0014| B. Except as provided in Subsection C of this
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0015| section, the total aggregate outstanding principal amount of
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0016| bonds issued from time to time pursuant to this section,
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0017| secured by or payable from the gasoline excise taxes and motor
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0018| vehicle registration fees, shall not, without additional
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0019| authorization of the state legislature, exceed one hundred
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0020| fifty million dollars ($150,000,000) at any given time, subject
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0021| to the following provisions:
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0022| (1) the total aggregate outstanding principal
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0023| amount of bonds issued for state highway projects that are
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0024| required for the waste isolation pilot project and are eligible
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0025| for federal reimbursement as authorized by federal legislation
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0001| shall not exceed one hundred million dollars ($100,000,000);
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0002| and
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0003| (2) the total aggregate outstanding principal
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0004| amount of bonds issued for state highway projects other than
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0005| state highway projects that are required for the waste
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0006| isolation pilot project and are eligible for federal
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0007| reimbursement as authorized by federal legislation shall not
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0008| exceed fifty million dollars ($50,000,000).
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0009| C. In addition to the total aggregate outstanding
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0010| principal amount of bonds authorized for issuance pursuant to
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0011| Subsection B of this section, the state highway commission is
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0012| authorized to issue bonds in an amount not to exceed five
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0013| hundred two million seven hundred thousand dollars
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0014| ($502,700,000) for the special highway projects in this
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0015| subsection. The bonds authorized in this subsection shall be
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0016| issued with maturities not to exceed twelve years from the date
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0017| of issuance, shall be secured by or payable from proceeds from
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0018| the collections of taxes and fees required by law to be paid
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0019| into the state road fund and shall be issued in an amount that
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0020| can be serviced with an amount approximately equal to the net
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0021| receipts attributable to six cents ($.06) of the gasoline tax
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0022| distributed by law into the state road fund. The proceeds from
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0023| the sale of the bonds authorized in this subsection are
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0024| appropriated to the state highway and transportation department
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0025| for expenditure in the following amounts for the following
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0001| projects:
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0002| (1) an amount not to exceed one hundred ninety
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0003| million dollars ($190,000,000) for the construction, including
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0004| necessary right-of-way acquisition, engineering and design, of
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0005| the interstate 40 and interstate 25 interchange in Albuquerque;
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0006| (2) an amount not to exceed sixty-five million
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0007| dollars ($65,000,000) for the limited-access construction of,
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0008| including necessary design, engineering and right-of-way
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0009| acquisition, and necessary interchanges for United States
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0010| highway 70 from Las Cruces east to White Sands missile range
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0011| road;
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0012| (3) an amount not to exceed thirty-five
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0013| million five hundred thousand dollars ($35,500,000) for four-
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0014| lane construction of the Santa Fe relief route and required
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0015| interchanges, including any necessary engineering, design and
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0016| right-of-way acquisition;
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0017| (4) an amount not to exceed two hundred four
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0018| million two hundred thousand dollars ($204,200,000) for the
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0019| four-lane construction, including any necessary right-of-way
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0020| acquisition, engineering and design, of state highway 44 from
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0021| Bernalillo to Bloomfield; and
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0022| (5) an amount not to exceed eight million
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0023| dollars ($8,000,000) for the four-lane construction, including
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0024| any necessary right-of-way acquisition, engineering and design,
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0025| of state highway 47 north from Rio communities to the junction
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0001| with state highway 263 in Valencia county.
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0002| [C.] D. The state highway commission may issue
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0003| bonds to refund other bonds issued pursuant to this section by
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0004| exchange or current or advance refunding.
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0005| [D.] E. Each series of bonds shall have a
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0006| maturity of no more than twenty-five years from the date of
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0007| issuance, except as otherwise provided in this section. The
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0008| state highway commission shall determine all other terms,
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0009| covenants and conditions of the bonds; provided that the bonds
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0010| shall not be issued pursuant to this section unless the state
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0011| board of finance approves the issuance of the bonds and the
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0012| principal amount of and interest rate or maximum net effective
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0013| interest rate on the bonds.
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0014| [E.] F. The bonds shall be executed with the
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0015| manual or facsimile signatures of the chairman of the state
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0016| highway commission, countersigned by the state treasurer and
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0017| attested to by the secretary of the state highway commission,
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0018| with the seal of the state highway commission imprinted or
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0019| otherwise affixed to the bonds.
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0020| [F.] G. Proceeds of the bonds may be used to
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0021| pay expenses incurred in the preparation, issuance and sale of
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0022| the bonds and, together with the earnings on the proceeds of
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0023| the bonds, may be used to pay rebate, penalty, interest and
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0024| other obligations relating to the bonds and the proceeds of the
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0025| bonds under the Internal Revenue Code of 1986, as amended.
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0001| [G.] H. The bonds may be sold at public or
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0002| private sale. If sold at public sale, a notice of the time and
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0003| place of sale shall be published in a newspaper of general
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0004| circulation in the state, and in any other newspaper determined
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0005| in the resolution authorizing the issuance of the bonds, once
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0006| each week for two consecutive weeks prior to the date of sale.
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0007| The bonds may be purchased by the state treasurer or state
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0008| investment officer.
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0009| [H.] I. This section is full authority for the
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0010| issuance and sale of the bonds, and the bonds shall not be
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0011| invalid for any irregularity or defect in the proceedings for
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0012| their issuance and sale and shall be incontestable in the hands
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0013| of bona fide purchasers or holders of the bond for value.
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0014| [I.] J. The bonds shall be legal investments
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0015| for any person or board charged with the investment of public
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0016| funds and may be accepted as security for any deposit of public
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0017| money and, with the interest thereon, are exempt from taxation
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0018| by the state and any political subdivision or agency of the
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0019| state."
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0020| Section 9. REPEAL.--That version of Section 7-13-3 NMSA
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0021| 1978 (being Laws 1995, Chapter 6, Section 11) that is to become
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0022| effective July 1, 2003 is repealed.
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0023| Section 10. EFFECTIVE DATES.--
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0024| A. The effective date of the provisions of Sections
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0025| 1 through 6 of this act is August 1, 1997.
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0001| B. The effective date of the provisions of Section
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0002| 7 of this act is July 1, 1997.
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0003| State of New Mexico
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0004| House of Representatives
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0005|
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0006| FORTY-THIRD LEGISLATURE
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0007| FIRST SESSION, 1997
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0008|
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0009|
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0010| March 13, 1997
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0011|
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0012|
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0013| Mr. Speaker:
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0014|
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0015| Your TRANSPORTATION COMMITTEE, to whom have been
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0016| referred
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0017|
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0018| HOUSE BILLS 1059, 595, 855, 1274 and 1332
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0019|
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0020| have had them under consideration and reports same with
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0021| recommendation that they DO NOT PASS, but that
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0022|
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0023| HOUSE TRANSPORTATION COMMITTEE SUBSTITUTE FOR
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0024| HOUSE BILLS 1059, 595, 855, 1274 and 1332
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0025|
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0001| DO PASS, and thence referred to the TAXATION AND
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0002| REVENUE COMMITTEE.
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0003|
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0004| Respectfully submitted,
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0005|
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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| Daniel P. Silva, Chairman
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0011|
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0012|
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0013| Adopted Not Adopted
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0014|
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0015| (Chief Clerk) (Chief Clerk)
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0016|
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0017| Date
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0018|
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0019| The roll call vote was 8 For 4 Against
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0020| Yes: 8
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0021| No: Larranaga, Parsons, Russell, W.C. Williams
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0022| Excused: None
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0023| Absent: None
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0024|
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0025| C:\OFFICE\WPWIN\WPDOCS\H1059TC1.WPD State of New Mexico
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0001| House of Representatives
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0002|
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0003| FORTY-THIRD LEGISLATURE
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0004| FIRST SESSION, 1997
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0005|
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0006|
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0007| March 13, 1997
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0008|
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0009|
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0010| Mr. Speaker:
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0011|
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0012| Your TRANSPORTATION COMMITTEE, to whom have been
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0013| referred
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0014|
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0015| HOUSE BILLS 1059, 595, 855, 1274 and 1332
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0016|
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0017| have had them under consideration and reports same with
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0018| recommendation that they DO NOT PASS, but that
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0019|
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0020| HOUSE TRANSPORTATION COMMITTEE SUBSTITUTE FOR
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0021| HOUSE BILLS 1059, 595, 855, 1274 and 1332
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0022|
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0023| DO PASS, and thence referred to the TAXATION AND
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0024| REVENUE COMMITTEE.
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0025|
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0001| Respectfully submitted,
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0002|
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0003|
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0004|
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0005|
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0006|
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0007| Daniel P. Silva, Chairman
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0008|
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0009|
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0010| Adopted Not Adopted
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0011|
|
0012| (Chief Clerk) (Chief Clerk)
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0013|
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0014| Date
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0015|
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0016| The roll call vote was 8 For 4 Against
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0017| Yes: 8
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0018| No: Larranaga, Parsons, Russell, W.C. Williams
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0019| Excused: None
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0020| Absent: None
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0021|
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0022| C:\OFFICE\WPWIN\WPDOCS\H1059TC1.WPD HOUSE TRANSPORTATION COMMITTEE SUBSTITUTE FOR
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0023| HOUSE BILLS 1059, 595, 855, 1274 & 1332
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0024| 43rd legislature - STATE OF NEW MEXICO - first session, 1997
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0025|
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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|
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0006|
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0007| AN ACT
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0008| RELATING TO FINANCING OF HIGHWAY PROJECTS; INCREASING THE RATE
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0009| OF THE GASOLINE TAX AND THE SPECIAL FUEL EXCISE TAX; INCREASING
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0010| THE BONDING AUTHORITY OF THE STATE HIGHWAY COMMISSION FOR
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0011| CERTAIN HIGHWAY PROJECTS; AUTHORIZING THE PLEDGING OF TAXES,
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0012| FEES AND FEDERAL FUNDS IN THE STATE ROAD FUND TO THE PAYMENT OF
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0013| BONDS; AUTHORIZING VOLUNTARY COUNTY OR MUNICIPAL CONTRIBUTIONS
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0014| TO CERTAIN HIGHWAY PROJECTS; RESTRICTING THE USE OF THE STATE
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0015| ROAD FUND; IMPOSING AN ADMINISTRATIVE FEE; AMENDING AND
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0016| REPEALING 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. LEGISLATIVE FINDINGS--PURPOSE.--
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0020| A. The legislature finds that there is high
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0021| unemployment and a lack of jobs in many areas of the state.
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0022| Further, the current effort by the federal government and the
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0023| state to reduce the number of individuals in need of welfare
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0024| makes it imperative to create not only more jobs, but good
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0025| jobs. Finally, the legislature finds that highway construction
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0001| projects can provide those jobs in many areas of the state and
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0002| at the same time make urgently needed road improvements that
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0003| will enhance and provide the infrastructure for economic
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0004| development efforts and purposes.
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0005| B. It is the purpose of this act to raise revenues
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0006| for the most urgent highway projects throughout the state,
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0007| provide good jobs for New Mexicans in many areas of the state,
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0008| assure the use of road revenues for highway projects and
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0009| enhance and meet economic development purposes and needs
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0010| throughout the state.
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0011| Section 2. Section 7-1-6.7 NMSA 1978 (being Laws 1994,
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0012| Chapter 5, Section 2, as amended by Laws 1995, Chapter 6,
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0013| Section 1 and also by Laws 1995, Chapter 36, Section 1) is
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0014| amended to read:
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0015| "7-1-6.7. DISTRIBUTIONS--STATE AVIATION FUND.--
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0016| A. A distribution pursuant to Section 7-1-6.1 NMSA
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0017| 1978 shall be made to the state aviation fund in an amount
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0018| equal to three and fifty-nine hundredths percent of the gross
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0019| receipts attributable to the sale of fuel specially prepared
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0020| and sold for use in turboprop or jet-type engines as determined
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0021| by the department.
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0022| B. A distribution pursuant to Section 7-1-6.1 NMSA
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0023| 1978 shall be made to the state aviation fund in an amount
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0024| equal to [twenty-six hundredths of one percent] the following
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0025| percentages of gasoline taxes, exclusive of penalties and
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0001| interest, collected pursuant to the Gasoline Tax Act:
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0002| (1) from August 1, 1997 through July 31,
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0003| 1998, twenty-five hundredths of one percent;
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0004| (2) from August 1, 1998 through July 31, 1999,
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0005| twenty-three hundredths of one percent;
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0006| (3) from August 1, 1999 through July 31, 2000,
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0007| twenty-two hundredths of one percent;
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0008| (4) from August 1, 2000 through July 31, 2001,
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0009| twenty-one hundredths of one percent; and
|
0010| (5) after July 31, 2001, two-tenths of one
|
0011| percent."
|
0012| Section 3. Section 7-1-6.8 NMSA 1978 (being Laws 1983,
|
0013| Chapter 211, Section 13, as amended) is amended to read:
|
0014| "7-1-6.8. DISTRIBUTION--MOTORBOAT FUEL TAX FUND.--A
|
0015| distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made
|
0016| to the motorboat fuel tax fund in an amount equal to [thirteen
|
hundredths of one percent] the following percentages of the net
|
0018| receipts attributable to the gasoline tax:
|
0019| A. from August 1, 1997 through July 31, 1998, twelve
|
0020| hundredths of one percent;
|
0021| B. from August 1, 1998 through July 31, 1999, twelve
|
0022| hundredths of one percent;
|
0023| C. from August 1, 1999 through July 31, 2000, eleven
|
0024| hundredths of one percent;
|
0025| D. from August 1, 2000 through July 31, 2001, one-
|
0001| tenth of one percent; and
|
0002| E. after July 31, 2001, one-tenth of one percent."
|
0003| Section 4. Section 7-1-6.9 NMSA 1978 (being Laws 1991,
|
0004| Chapter 9, Section 11, as amended) is amended to read:
|
0005| "7-1-6.9. DISTRIBUTION OF GASOLINE TAXES TO MUNICIPALITIES
|
0006| AND COUNTIES.--
|
0007| A. A distribution pursuant to Section 7-1-6.1 NMSA
|
0008| 1978 shall be made in an amount equal to [ten and thirty-eight
|
hundredths percent] the following percentages of the net
|
0010| receipts attributable to the taxes, exclusive of penalties and
|
0011| interest, imposed by the Gasoline Tax Act:
|
0012| (1) from August 1, 1997 through July 31, 1998,
|
0013| nine and eight-tenths percent;
|
0014| (2) from August 1, 1998 through July 31, 1999,
|
0015| nine and three-tenths percent;
|
0016| (3) from August 1, 1999 through July 31, 2000,
|
0017| eight and eighty-two hundredths percent;
|
0018| (4) from August 1, 2000 through July 31, 2001,
|
0019| eight and four-tenths percent; and
|
0020| (5) after July 31, 2001, eight and two
|
0021| hundredths percent.
|
0022| B. The amount determined in Subsection A of this
|
0023| section shall be distributed as follows:
|
0024| (1) ninety percent of the amount shall be paid
|
0025| to the treasurers of municipalities and H class counties in the
|
0001| proportion that the taxable motor fuel sales in each of the
|
0002| municipalities and H class counties bears to the aggregate taxable
|
0003| motor fuel sales in all of these municipalities and H class
|
0004| counties; and
|
0005| (2) ten percent of the amount shall be paid to
|
0006| the treasurers of the counties, including H class counties, in the
|
0007| proportion that the taxable motor fuel sales outside of
|
0008| incorporated municipalities in each of the counties bears to the
|
0009| aggregate taxable motor fuel sales outside of incorporated
|
0010| municipalities in all of the counties.
|
0011| C. This distribution shall be paid into the municipal
|
0012| treasury or county general fund for general purposes or for any
|
0013| special purposes designated by the governing body of the
|
0014| municipality or county. Any municipality or H class county that
|
0015| has created or that creates a "street improvement fund" to which
|
0016| gasoline tax revenues or distributions are irrevocably pledged
|
0017| under Sections 3-34-1 through 3-34-4 NMSA 1978 or that has pledged
|
0018| all or a portion of gasoline tax revenues or distributions to the
|
0019| payment of bonds shall receive its proportion of the distribution
|
0020| of revenues under this section impressed with and subject to these
|
0021| pledges."
|
0022| Section 5. Section 7-1-6.19 NMSA 1978 (being Laws 1991,
|
0023| Chapter 9, Section 15, as amended) is amended to read:
|
0024| "7-1-6.19. DISTRIBUTION--COUNTY GOVERNMENT ROAD FUND
|
0025| CREATED.--
|
0001| A. There is created in the state treasury the "county
|
0002| government road fund".
|
0003| B. A distribution pursuant to Section 7-1-6.1 NMSA
|
0004| 1978 shall be made to the county government road fund in an amount
|
0005| equal to [five and seventy-six hundredths percent] the
|
0006| following percentages of the net receipts attributable to the
|
0007| gasoline tax:
|
0008| (1) from August 1, 1997 through July 31, 1998,
|
0009| five and forty-four hundredths percent;
|
0010| (2) from August 1, 1998 through July 31, 1999,
|
0011| five and fifteen hundredths percent;
|
0012| (3) from August 1, 1999 through July 31, 2000,
|
0013| four and nine-tenths percent;
|
0014| (4) from August 1, 2000 through July 31, 2001,
|
0015| four and sixty-six hundredths percent; and
|
0016| (5) after July 31, 2001, four and forty-five
|
0017| hundredths percent."
|
0018| Section 6. Section 7-1-6.27 NMSA 1978 (being Laws 1991,
|
0019| Chapter 9, Section 20, as amended) is amended to read:
|
0020| "7-1-6.27. DISTRIBUTION--MUNICIPAL ROADS.--
|
0021| A. A distribution pursuant to Section 7-1-6.1 NMSA
|
0022| 1978 shall be made to municipalities for the purposes and amounts
|
0023| specified in this section in an aggregate amount equal to [five
|
and seventy-six hundredths percent] the following percentages
|
0025| of the net receipts attributable to the gasoline tax:
|
0001| (1) from August 1, 1997 through July 31, 1998,
|
0002| five and forty-four hundredths percent;
|
0003| (2) from August 1, 1998 through July 31, 1999,
|
0004| five and fifteen hundredths percent;
|
0005| (3) from August 1, 1999 through July 31, 2000,
|
0006| four and nine-tenths percent;
|
0007| (4) from August 1, 2000 through July 31, 2001,
|
0008| four and sixty-six hundredths percent; and
|
0009| (5) after July 31, 2001, four and forty-five
|
0010| hundredths percent.
|
0011| B. The distribution authorized in this section shall
|
0012| be used for the following purposes:
|
0013| (1) reconstructing, resurfacing, maintaining,
|
0014| repairing or otherwise improving existing alleys, streets, roads
|
0015| or bridges, or any combination of the foregoing; or laying off,
|
0016| opening, constructing or otherwise acquiring new alleys, streets,
|
0017| roads or bridges, or any combination of the foregoing; provided
|
0018| that any of the foregoing improvements may include, but are not
|
0019| limited to, the acquisition of rights of way; and
|
0020| (2) for expenses of purchasing, maintaining and
|
0021| operating transit operations and facilities, for the operation of
|
0022| a transit authority established by the municipal transit law and
|
0023| for the operation of a vehicle emission inspection program. A
|
0024| municipality may engage in the business of the transportation of
|
0025| passengers and property within the political subdivision by
|
0001| whatever means the municipality may decide and may acquire cars,
|
0002| trucks, motor buses and other equipment necessary for operating
|
0003| the business. A municipality may acquire land, erect buildings
|
0004| and equip the buildings with all the necessary machinery and
|
0005| facilities for the operation, maintenance, modification, repair
|
0006| and storage of the cars, trucks, motor buses and other equipment
|
0007| needed. A municipality may do all things necessary for the
|
0008| acquisition and the conduct of the business of public
|
0009| transportation.
|
0010| C. For the purposes of this section:
|
0011| (1) "computed distribution amount" means the
|
0012| distribution amount calculated for a municipality for a month
|
0013| pursuant to Paragraph (2) of Subsection D of this section prior to
|
0014| any adjustments to the amount due to the provisions of Subsections
|
0015| E and F of this section;
|
0016| (2) "floor amount" means four hundred seventeen
|
0017| dollars ($417);
|
0018| (3) "floor municipality" means a municipality
|
0019| whose computed distribution amount is less than the floor amount;
|
0020| and
|
0021| (4) "full distribution municipality" means a
|
0022| municipality whose population at the last federal decennial census
|
0023| was at least two hundred thousand.
|
0024| D. Subject to the provisions of Subsections E and F of
|
0025| this section, each municipality shall be distributed a portion of
|
0001| the aggregate amount distributable under this section in an amount
|
0002| equal to the greater of:
|
0003| (1) the floor amount; or
|
0004| (2) eighty-five percent of the aggregate amount
|
0005| distributable under this section times a fraction, the numerator
|
0006| of which is the municipality's reported taxable gallons of
|
0007| gasoline for the immediately preceding state fiscal year and the
|
0008| denominator of which is the reported total taxable gallons for all
|
0009| municipalities for the same period.
|
0010| E. Fifteen percent of the aggregate amount
|
0011| distributable under this section shall be referred to as the
|
0012| "redistribution amount". Beginning in August 1990, and each month
|
0013| thereafter, from the redistribution amount there shall be taken an
|
0014| amount sufficient to increase the computed distribution amount of
|
0015| every floor municipality to the floor amount. In the event that
|
0016| the redistribution amount is insufficient for this purpose, the
|
0017| computed distribution amount for each floor municipality shall be
|
0018| increased by an amount equal to the redistribution amount times a
|
0019| fraction, the numerator of which is the difference between the
|
0020| floor amount and the municipality's computed distribution amount
|
0021| and the denominator of which is the difference between the product
|
0022| of the floor amount multiplied by the number of floor
|
0023| municipalities and the total of the computed distribution amounts
|
0024| for all floor municipalities.
|
0025| F. If a balance remains after the redistribution
|
0001| amount has been reduced pursuant to Subsection E of this section,
|
0002| there shall be added to the computed distribution amount of each
|
0003| municipality that is neither a full distribution municipality nor
|
0004| a floor municipality an amount that equals the balance of the
|
0005| redistribution amount times a fraction, the numerator of which is
|
0006| the computed distribution amount of the municipality and the
|
0007| denominator of which is the sum of the computed distribution
|
0008| amounts of all municipalities that are neither full distribution
|
0009| municipalities nor floor municipalities."
|
0010| Section 7. Section 7-1-6.28 NMSA 1978 (being Laws 1991,
|
0011| Chapter 9, Section 22, as amended) is amended to read:
|
0012| "7-1-6.28. DISTRIBUTION--MUNICIPAL ARTERIAL PROGRAM OF
|
0013| LOCAL GOVERNMENTS ROAD FUND.--A distribution pursuant to Section
|
0014| 7-1-6.1 NMSA 1978 shall be made to the municipal arterial program
|
0015| of the local governments road fund created in Section 67-3-28.2
|
0016| NMSA 1978 in an amount equal to [one and forty-four hundredths
|
percent] the following percentages of the net receipts
|
0018| attributable to the gasoline tax:
|
0019| A. from August 1, 1997 through July 31, 1998, one and
|
0020| thirty-six hundredths percent;
|
0021| B. from August 1, 1998 through July 31, 1999, one and
|
0022| twenty-nine hundredths percent;
|
0023| C. from August 1, 1999 through July 31, 2000, one and
|
0024| twenty-two hundredths percent;
|
0025| D. from August 1, 2000 through July 31, 2001, one and
|
0001| seventeen hundredths percent; and
|
0002| E. after July 31, 2001, one and eleven hundredths
|
0003| percent."
|
0004| Section 8. Section 7-1-6.39 NMSA 1978 (being Laws 1995,
|
0005| Chapter 6, Section 9) is amended to read:
|
0006| "7-1-6.39. DISTRIBUTION OF SPECIAL FUEL EXCISE TAX TO LOCAL
|
0007| GOVERNMENTS ROAD FUND.--A distribution pursuant to Section 7-1-6.1
|
0008| NMSA 1978 shall be made to the local governments road fund in an
|
0009| amount equal to [eleven and eleven hundredths percent] the
|
0010| following percentages of the net receipts attributable to the
|
0011| taxes, exclusive of penalties and interest, from the special fuel
|
0012| excise tax imposed by the Special Fuels Supplier Tax Act:
|
0013| A. from August 1, 1997 through July 31, 2000, ten and
|
0014| fifty-three hundredths percent; and
|
0015| B. after July 31, 2000, ten percent."
|
0016| Section 9. Section 7-13-3 NMSA 1978 (being Laws 1971,
|
0017| Chapter 207, Section 3, as amended) is amended to read:
|
0018| "7-13-3. IMPOSITION AND RATE OF TAX--DENOMINATION AS
|
0019| "GASOLINE TAX".--
|
0020| A. For the privilege of receiving gasoline in this
|
0021| state, there is imposed an excise tax at a rate provided in
|
0022| Subsection B of this section on each gallon of gasoline
|
0023| received in New Mexico.
|
0024| B. The tax imposed by Subsection A of this section
|
0025| shall be [seventeen cents ($.17)] imposed at the following
|
0001| rates per gallon received in New Mexico:
|
0002| (1) from July 1, 1997 through June 30, 1998,
|
0003| eighteen cents ($.18);
|
0004| (2) from July 1, 1998 through June 30, 1999,
|
0005| nineteen cents ($.19);
|
0006| (3) from July 1, 1999 through June 30, 2000,
|
0007| twenty cents ($.20);
|
0008| (4) from July 1, 2000 through June 30, 2001,
|
0009| twenty-one cents ($.21); and
|
0010| (5) after June 30, 2001, twenty-two cents
|
0011| ($.22).
|
0012| C. The tax imposed by this section may be called the
|
0013| "gasoline tax"."
|
0014| Section 10. Section 7-16A-3 NMSA 1978 (being Laws 1992,
|
0015| Chapter 51, Section 3, as amended) is amended to read:
|
0016| "7-16A-3. IMPOSITION AND RATE OF TAX--DENOMINATION AS
|
0017| SPECIAL FUEL EXCISE TAX.--
|
0018| A. For the privilege of receiving or using special
|
0019| fuel in this state, there is imposed an excise tax at a rate
|
0020| provided in Subsection B of this section on each gallon of special
|
0021| fuel received in New Mexico.
|
0022| B. The tax imposed by Subsection A of this section
|
0023| shall be [eighteen cents ($.18)] imposed at the following
|
0024| rates per gallon of special fuel received or used in New Mexico:
|
0025| (1) from July 1, 1997 through June 30, 2000,
|
0001| nineteen cents ($.19); and
|
0002| (2) after June 30, 2000, twenty cents ($.20).
|
0003| C. The tax imposed by this section may be called the
|
0004| "special fuel excise tax"."
|
0005| Section 11. Section 67-3-59.1 NMSA 1978 (being Laws 1989,
|
0006| Chapter 157, Section 1, as amended) is amended to read:
|
0007| "67-3-59.1. STATE HIGHWAY DEBENTURES--ISSUANCE--LIMITS--
|
0008| APPROVAL--COUPONS.--
|
0009| A. In order to provide funds to finance state highway
|
0010| projects, including state highway projects that are required for
|
0011| the waste isolation pilot project and are eligible for federal
|
0012| reimbursement or payment as authorized by federal legislation,
|
0013| the state highway commission is authorized to issue bonds from
|
0014| time to time, payable from:
|
0015| (1) federal funds, not otherwise obligated, that
|
0016| are paid into the state road fund;
|
0017| (2) a county or municipality's contribution, if
|
0018| any, to the expense of a project authorized in Paragraph (3) of
|
0019| Subsection C of this section as determined by a cooperative
|
0020| agreement made pursuant to Section 67-3-28 NMSA 1978, which
|
0021| contribution shall be deposited in the state road fund; and
|
0022| (3) the proceeds of the collection of
|
0023| [gasoline excise] taxes and [motor vehicle registration] fees
|
0024| that are required by law to be paid into the state road fund and
|
0025| not otherwise pledged solely to the payment of outstanding bonds
|
0001| and debentures.
|
0002| B. The total aggregate outstanding principal amount of
|
0003| bonds issued from time to time pursuant to this section, secured
|
0004| by or payable from [the gasoline excise taxes and motor vehicle
|
registration fees] federal funds not otherwise obligated that
|
0006| are paid into the state road fund, county or municipal
|
0007| contributions deposited in the state road fund pursuant to a
|
0008| cooperative agreement and the proceeds from the collection of
|
0009| taxes and fees required by law to be paid into the state road
|
0010| fund, shall not, without additional authorization of the state
|
0011| legislature, exceed [one hundred fifty million dollars
|
($150,000,000)] at any given time, subject to the [following]
|
0013| provisions of Subsection C of this section, the following
|
0014| amounts:
|
0015| (1) prior to July 1, 1998, three hundred million
|
0016| dollars ($300,000,000);
|
0017| (2) from July 1, 1998 through June 30, 1999,
|
0018| four hundred million dollars ($400,000,000); and
|
0019| (3) after June 30, 1999, one billion dollars
|
0020| ($1,000,000,000).
|
0021| C. The total aggregate outstanding principal amount of
|
0022| bonds authorized pursuant to Subsection B of this section shall be
|
0023| subject to the following provisions:
|
0024| (1) the total aggregate outstanding principal
|
0025| amount of bonds issued for state highway projects that are
|
0001| required for the waste isolation pilot project and are eligible
|
0002| for federal reimbursement or payment as authorized by federal
|
0003| legislation shall not exceed one hundred million dollars
|
0004| ($100,000,000); [and]
|
0005| (2) the total aggregate outstanding principal
|
0006| amount of bonds issued for state highway projects, other than
|
0007| state highway projects that are required for the waste isolation
|
0008| pilot project, and are eligible for federal reimbursement or
|
0009| payment as authorized by federal legislation shall not exceed:
|
0010| (a) prior to January 1, 1997, fifty
|
0011| million dollars ($50,000,000);
|
0012| (b) from January 1, 1997 to July 1, 1998,
|
0013| two hundred million dollars ($200,000,000);
|
0014| (c) from July 1, 1998 through June 30,
|
0015| 1999, three hundred million dollars ($300,000,000); and
|
0016| (d) after June 30, 1999, nine hundred
|
0017| million dollars ($900,000,000); and
|
0018| (3) the proceeds from the sale of the bonds
|
0019| after January 1, 1997 pursuant to Subparagraphs (b) through (d) of
|
0020| Paragraph (2) of this subsection shall be used for planning,
|
0021| designing, engineering, constructing and acquiring rights of way
|
0022| for the following projects:
|
0023| (a) the reconstruction of the interstate 40
|
0024| and interstate 25 interchange in Albuquerque;
|
0025| (b) the limited-access construction and
|
0001| necessary interchanges for United States highway 70 from Las
|
0002| Cruces east to White Sands missile range road;
|
0003| (c) the four-lane construction of United
|
0004| States highway 70;
|
0005| (d) construction of the Santa Fe relief
|
0006| route and required interchanges;
|
0007| (e) the four-lane construction and
|
0008| improvement of state highway 44 from Bernalillo to Bloomfield;
|
0009| (f) the four-lane construction of United
|
0010| States highway 285 from Clines Corners to Carlsbad;
|
0011| (g) construction of a new east/west
|
0012| connecting route from state road 47 to interstate 25 south of Los
|
0013| Lunas;
|
0014| (h) improvement of United States highway
|
0015| 84 and 285 from Santa Fe to Pojoaque;
|
0016| (i) construction of the Silver City relief
|
0017| route;
|
0018| (j) construction of the Alamogordo relief
|
0019| route; and
|
0020| (k) construction of the Albuquerque
|
0021| northwest relief route.
|
0022| D. Included in the total aggregate of outstanding
|
0023| principal amount of bonds authorized for issuance after January 1,
|
0024| 1997 by the state highway commission for state highway projects in
|
0025| Paragraph (3) of Subsection C of this section is authorization for
|
0001| the state highway commission to issue an amount of bonds that the
|
0002| commission, subject to the provisions of this section, determines
|
0003| can be serviced with an amount approximately equal to the net
|
0004| receipts attributable to two cents ($.02) of the gasoline tax
|
0005| distributed by law into the state road fund.
|
0006| [C.] E. The state highway commission may issue
|
0007| bonds to refund other bonds issued pursuant to this section by
|
0008| exchange or current or advance refunding; provided that bonds
|
0009| issued after January 1, 1997 pursuant to Subparagraphs (b) through
|
0010| (d) of Paragraph (2) of Subsection C and to Subsection D of this
|
0011| section shall have a maturity of no more than ten years from the
|
0012| date of issuance.
|
0013| [D.] F. Each series of bonds shall have a maturity
|
0014| of no more than twenty-five years from the date of issuance. The
|
0015| state highway commission shall determine all other terms,
|
0016| covenants and conditions of the bonds; provided that the bonds
|
0017| shall not be issued pursuant to this section unless the state
|
0018| board of finance approves the issuance of the bonds and the
|
0019| principal amount of and interest rate or maximum net effective
|
0020| interest rate on the bonds.
|
0021| [E.] G. The bonds shall be executed with the
|
0022| manual or facsimile signatures of the chairman of the state
|
0023| highway commission, countersigned by the state treasurer and
|
0024| attested to by the secretary of the state highway commission, with
|
0025| the seal of the state highway commission imprinted or otherwise
|
0001| affixed to the bonds.
|
0002| [F.] H. Proceeds of the bonds may be used to pay
|
0003| expenses incurred in the preparation, issuance and sale of the
|
0004| bonds and, together with the earnings on the proceeds of the
|
0005| bonds, may be used to pay rebate, penalty, interest and other
|
0006| obligations relating to the bonds and the proceeds of the bonds
|
0007| under the Internal Revenue Code of 1986, as amended.
|
0008| [G.] I. The bonds may be sold at public or private
|
0009| sale. If sold at public sale, a notice of the time and place of
|
0010| sale shall be published in a newspaper of general circulation in
|
0011| the state, and in any other newspaper determined in the resolution
|
0012| authorizing the issuance of the bonds, once each week for two
|
0013| consecutive weeks prior to the date of sale. The bonds may be
|
0014| purchased by the state treasurer or state investment officer.
|
0015| [H.] J. This section is full authority for the
|
0016| issuance and sale of the bonds, and the bonds shall not be invalid
|
0017| for any irregularity or defect in the proceedings for their
|
0018| issuance and sale and shall be incontestable in the hands of bona
|
0019| fide purchasers or holders of the bond for value.
|
0020| [I.] K. The bonds shall be legal investments for
|
0021| any person or board charged with the investment of public funds
|
0022| and may be accepted as security for any deposit of public money
|
0023| and, with the interest thereon, are exempt from taxation by the
|
0024| state and any political subdivision or agency of the state.
|
0025| L. Any law authorizing the imposition or distribution
|
0001| of taxes or fees paid into the state road fund or that affects
|
0002| those taxes and fees shall not be amended or repealed or otherwise
|
0003| directly or indirectly modified so as to impair any outstanding
|
0004| bonds secured by a pledge of revenues from those taxes and fees
|
0005| paid into the state road fund, unless the bonds have been
|
0006| discharged in full or provisions have been made for a full
|
0007| discharge. In addition, while any bonds issued by the state
|
0008| highway commission pursuant to the provisions of this section
|
0009| remain outstanding, the powers or duties of the commission shall
|
0010| not be diminished or impaired in any manner that will affect
|
0011| adversely the interests and rights of the holder of such bonds.
|
0012| M. Bonds issued pursuant to this section shall be
|
0013| paid solely from federal funds not otherwise obligated, taxes and
|
0014| fees and county and municipal contributions deposited into the
|
0015| state road fund and shall not constitute a general obligation of
|
0016| the state."
|
0017| Section 12. Section 67-3-65 NMSA 1978 (being Laws 1973,
|
0018| Chapter 145, Section 1, as amended) is amended to read:
|
0019| "67-3-65. STATE ROAD FUND CREATED.--
|
0020| A. The "state road fund" is created within the state
|
0021| treasury to which shall be credited all receipts authorized by law
|
0022| to be paid into it. No income earned on the fund shall be
|
0023| transferred to another fund. For the 1999 and subsequent fiscal
|
0024| years, money in the state road fund after payment of the
|
0025| administrative fee pursuant to Subsection B of this section shall
|
0001| be used solely for highway and transportation programs and
|
0002| purposes administered by the state highway and transportation
|
0003| department.
|
0004| B. For July 1998 and subsequent months, to defray the
|
0005| costs of administering the collection of taxes and fees that
|
0006| constitute the state road fund, an administrative fee of three
|
0007| percent is imposed on revenues deposited in the state road fund.
|
0008| The administrative fee shall be imposed on all revenues deposited
|
0009| each month in the state road fund other than federal funds, bond
|
0010| proceeds and county and municipal contributions pursuant to a
|
0011| cooperative agreement. The department shall transmit the fee to
|
0012| the state treasurer for deposit in the general fund no later than
|
0013| the tenth day of the month following the month for which the fee
|
0014| was calculated."
|
0015| Section 13. REPEAL.--That version of Section 7-13-3 NMSA
|
0016| 1978 (being Laws 1995, Chapter 6, Section 11) that is to become
|
0017| effective July 1, 2003 is repealed.
|
0018| Section 14. EFFECTIVE DATE.--
|
0019| A. The effective date of the provisions of Sections 2
|
0020| through 8 of this act is August 1, 1997.
|
0021| B. The effective date of the provisions of Sections 9
|
0022| through 13 of this act is July 1, 1997.
|
0023| State of New Mexico
|
0024| House of Representatives
|
0025|
|
0001| FORTY-THIRD LEGISLATURE
|
0002| FIRST SESSION, 1997
|
0003|
|
0004|
|
0005| March 14, 1997
|
0006|
|
0007|
|
0008| Mr. Speaker:
|
0009|
|
0010| Your TAXATION AND REVENUE COMMITTEE, to whom has
|
0011| been referred
|
0012|
|
0013| HOUSE TRANSPORTATION COMMITTEE SUBSTITUTE FOR
|
0014| HOUSE BILLS 1059, 595, 855, 1274 and 1332
|
0015|
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0016| has had it under consideration and reports same with
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0017| recommendation that it DO PASS, amended as follows:
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0018|
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0019| 1. On page 6, line 11, strike "five and forty-four
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0020| hundredths" and insert in lieu thereof "five and sixty-eight
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0021| hundredths".
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0022|
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0023| 2. On page 6, line 13, strike "five and fifteen hundredths"
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0024| and insert in lieu thereof "five and sixty-one hundredths".
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0025|
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0001| 3. On page 6, line 15, strike "four and nine-tenths" and
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0002| insert in lieu thereof "five and fifty-two hundredths".
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0003|
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0004| 4. On page 6, line 17, strike "four and sixty-six hundredths"
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0005| and insert in lieu thereof "five and forty-eight hundredths".
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0006|
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0007| 5. On page 6, lines 18 and 19, strike "four and forty-five
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0008| hundredths" and insert in lieu thereof "five and thirty-nine
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0009| hundredths".
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0010|
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0011| 6. On page 7, line 4, strike "five and forty-four hundredths"
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0012| and insert in lieu thereof "five and sixty-eight hundredths".
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0013|
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0014| 7. On page 7, line 6, strike "five and fifteen hundredths"
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0015| and insert in lieu thereof "five and sixty-one hundredths".
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0016|
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0017| 8. On page 7, line 8, strike "four and nine-tenths" and
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0018| insert in lieu thereof "five and fifty-two hundredths".
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0019|
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0020| 9. On page 7, line 10, strike "four and sixty-six hundredths"
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0021| and insert in lieu thereof "five and forty-eight hundredths".
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0022|
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0023|
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0024|
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0025|
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0001|
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0002| 10. On page 7, lines 11 and 12, strike "four and forty-five
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0003| hundredths" and insert in lieu thereof "five and thirty-nine
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0004| hundredths".,
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0005|
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0006| and thence referred to the APPROPRIATIONS AND FINANCE
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0007| COMMITTEE.
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0008|
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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| Jerry W. Sandel, Chairman
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0016|
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0017|
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0018| Adopted Not Adopted
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0019|
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0020| (Chief Clerk) (Chief Clerk)
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0021|
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0022| Date
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0023|
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0024| The roll call vote was 8 For 3 Against
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0025| Yes: 8
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0001| No: Gubbels, Parsons, Russell
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0002| Excused: Lovejoy, Sandoval
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0003| Absent: None
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0004|
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0005|
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0006| .118884.2
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0007| G:\BILLTEXT\BILLW_97\H1059
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0008|
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0009| FORTY-THIRD LEGISLATURE
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0010| FIRST SESSION, 1997
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0011|
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0012|
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0013| March 17, 1997
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0014|
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0015| Mr. President:
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0016|
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0017| Your WAYS AND MEANS COMMITTEE, to whom has been referred
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0018|
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0019| HOUSE TRANSPORTATION COMMITTEE SUBSTITUTE FOR
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0020| HOUSE BILLS 1059, 595, 855, 1274 & 1332, as amended
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0021|
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0022| has had it under consideration and reports same with recommendation
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0023| that it DO PASS, and thence referred to the FINANCE
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0024| COMMITTEE.
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0025|
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0001| Respectfully submitted,
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0002|
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0003|
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0004|
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0005| __________________________________
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0006| Carlos R. Cisneros, Chairman
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0007|
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0008|
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0009|
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0010| Adopted_______________________ Not Adopted_______________________
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0011| (Chief Clerk) (Chief Clerk)
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0012|
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0013|
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0014| Date ________________________
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0015|
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0016|
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0017| The roll call vote was 6 For 1 Against
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0018| Yes: 6
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0019| No: Kidd
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0020| Excused: McSorley, Nava
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0021| Absent: None
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0022|
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0023|
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0024| H1059WM1
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0025|
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0001|
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0002|
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0003| FORTY-THIRD LEGISLATURE HB 1059/a
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0004| FIRST SESSION, 1997
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0005|
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0006|
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0007| March 19, 1997
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0008|
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0009| Mr. President:
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0010|
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0011| Your FINANCE COMMITTEE, to whom has been referred
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0012|
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0013| HOUSE TRANSPORTATION COMMITTEE SUBSTITUTE
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0014| FOR HOUSE BILL 1059, et al, as amended
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0015|
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0016| has had it under consideration and reports same with recommendation
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0017| that it DO PASS, amended as follows:
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0018|
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0019| 1. On page 16, between lines 13 and 14, insert the following
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0020| new subparagraphs:
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0021|
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0022| "(i) improvement of United States highway 54;
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0023|
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0024| (j) improvement of United States highway 666;".
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0025|
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0001| 2. Reletter the succeeding subparagraphs accordingly.
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0002|
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0003|
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0004| Respectfully submitted,
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0005|
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0006|
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0007|
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0008| __________________________________
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0009| Ben D. Altamirano, Chairman
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0010|
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0011|
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0012|
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0013| Adopted_______________________ Not Adopted_______________________
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0014| (Chief Clerk) (Chief Clerk)
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0015|
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0016|
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0017| Date ________________________
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0018|
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0019|
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0020|
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0021|
|
0022|
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0023|
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0024|
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0025| 0
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0001|
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0002|
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0003| The roll call vote was 6 For 1 Against
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0004| Yes: 6
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0005| No: Lyons
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0006| Excused: Aragon, Eisenstadt, McKibben, Romero
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0007| Absent: None
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0008|
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0009|
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0010| H1059FC1
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0011|
|