0001| SENATE BILL 753 | 0002| 43rd legislature - STATE OF NEW MEXICO - first session, 1997 | 0003| INTRODUCED BY | 0004| PHIL A. GRIEGO | 0005| | 0006| | 0007| | 0008| | 0009| | 0010| AN ACT | 0011| RELATING TO TAXATION; AMENDING A SECTION OF THE NMSA 1978 | 0012| REGARDING BONA FIDE COMMUNITY LAND GRANT PARTICIPATION IN | 0013| DELINQUENT TAX AUCTIONS. | 0014| | 0015| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0016| Section 1. Section 7-38-67 NMSA 1978 (being Laws 1973, | 0017| Chapter 258, Section 107, as amended) is amended to read: | 0018| "7-38-67. REAL PROPERTY SALE REQUIREMENTS.-- | 0019| A. Real property may not be sold for delinquent | 0020| taxes before the expiration of three years from the first date | 0021| shown on the tax delinquency list on which the taxes on the | 0022| real property became delinquent. | 0023| B. Notice of the sale [must] shall be published | 0024| in a newspaper of general circulation within the county where | 0025| the real property is located at least once a week for the three | 0001| weeks immediately preceding the week of the sale. The notice | 0002| shall state the time and place of the sale and shall include a | 0003| description of the real property sufficient to permit its | 0004| identification and location by potential purchasers. | 0005| C. Real property shall be sold at public auction | 0006| either by the department or an auctioneer hired by the | 0007| department. The auction shall be held in the county where the | 0008| real property is located at a time and place designated by the | 0009| department. | 0010| D. If the real property can be divided so as to | 0011| enable the department to sell only part of it and pay all | 0012| delinquent taxes, penalties, interest and costs, the department | 0013| may, with the consent of the owner, sell only a part of the | 0014| real property. | 0015| E. Before the sale, the department shall determine | 0016| a minimum sale price for the real property. In determining the | 0017| minimum price, the department shall consider the value of the | 0018| property owner's interest in the real property, the amount of | 0019| all delinquent taxes, penalties and interest for which it is | 0020| being sold and the costs. The minimum price shall not be less | 0021| than the total of all delinquent taxes, penalties, interest and | 0022| costs. Real property may not be sold for less than the minimum | 0023| price unless no offer met the minimum price when it was offered | 0024| at an earlier public auction. A sale properly made under the | 0025| authority of and in accordance with the requirements of this | 0001| section constitutes full payment of all delinquent taxes, | 0002| penalties and interest that are a lien against the property at | 0003| the time of sale, and the sale extinguishes the lien. | 0004| F. Payment shall be made in full by the close of | 0005| the public auction before an offer may be deemed accepted by | 0006| the department. | 0007| G. Real property not offered for sale may be | 0008| offered for sale at a later sale, but the requirements of this | 0009| section and Section 7-38-66 NMSA 1978 shall be met in | 0010| connection with each sale. | 0011| H. A bid at the public auction by a bona fide | 0012| community land grant functioning under the laws of the state, | 0013| except for a corporation created pursuant to the provisions of | 0014| Chapter 49, Article 2 NMSA 1978, that is made in the amount of | 0015| all past taxes, penalties and interest shall be considered the | 0016| highest bid at the public auction and shall entitle the | 0017| community land grant to purchase the property for that amount | 0018| if the property is situated within the boundaries of the | 0019| community land grant as contained in the United States patent | 0020| to the community land grant." | 0021|  | 0022| | 0023| FORTY-THIRD LEGISLATURE | 0024| FIRST SESSION, 1997 | 0025| | 0001| | 0002| February 24, 1997 | 0003| | 0004| Mr. President: | 0005| | 0006| Your WAYS AND MEANS COMMITTEE, to whom has been | 0007| referred | 0008| | 0009| SENATE BILL 753 | 0010| | 0011| has had it under consideration and reports same with | 0012| recommendation that it DO PASS, and thence referred to the | 0013| CONSERVATION COMMITTEE. | 0014| | 0015| Respectfully submitted, | 0016| | 0017| | 0018| | 0019| | 0020| __________________________________ | 0021| Carlos R. Cisneros, Chairman | 0022| | 0023| | 0024| | 0025| Adopted_______________________ Not | 0001| Adopted_______________________ | 0002| (Chief Clerk) (Chief Clerk) | 0003| | 0004| | 0005| Date ________________________ | 0006| | 0007| | 0008| The roll call vote was 7 For 0 Against | 0009| Yes: 7 | 0010| No: 0 | 0011| Excused: Leavell, McSorley | 0012| Absent: None | 0013| | 0014| | 0015| S0753WM1 | 0016| | 0017| | 0018| | 0019| FORTY-THIRD LEGISLATURE SB 753/a | 0020| FIRST SESSION, 1997 | 0021| | 0022| | 0023| March 1, 1997 | 0024| | 0025| Mr. President: | 0001| | 0002| Your CONSERVATION COMMITTEE, to whom has been referred | 0003| | 0004| SENATE BILL 753 | 0005| | 0006| has had it under consideration and reports same with | 0007| recommendation that it DO PASS, amended as follows: | 0008| | 0009| 1. On page 3, line 15, after "penalties" insert a comma and | 0010| strike "and", and after "interest" insert "and cost". | 0011| | 0012| Respectfully submitted, | 0013| | 0014| | 0015| | 0016| | 0017| __________________________________ | 0018| Michael S. Sanchez, Chairman | 0019| | 0020| | 0021| | 0022| Adopted_______________________ Not | 0023| Adopted_______________________ | 0024| (Chief Clerk) (Chief Clerk) | 0025| | 0001| | 0002| Date ________________________ | 0003| | 0004| | 0005| The roll call vote was 5 For 1 Against | 0006| Yes: 5 | 0007| No: Payne | 0008| Excused: Davis, Eisenstadt, Kysar, Macias | 0009| Absent: None | 0010| | 0011| | 0012| S0753C01 | 0013| | 0014| | 0015| | 0016| FORTY-THIRD LEGISLATURE SB 753/a | 0017| FIRST SESSION, 1997 | 0018| | 0019| March 14, 1997 | 0020| | 0021| Mr. President: | 0022| | 0023| Your JUDICIARY COMMITTEE, to whom has been referred | 0024| | 0025| SENATE BILL 753, as amended | 0001| | 0002| has had it under consideration and reports same with | 0003| recommendation that it DO PASS, amended as follows: | 0004| | 0005| 1. On page 3, line 11, strike the words "bona fide" | 0006| | 0007| 2. On page 3, line 12, after the word "grant" insert ", | 0008| pursuant to Chapter 49,". | 0009| | 0010| 3. On page 3, line 13, strike the entire line. | 0011| | 0012| 4. On page 3, line 14, strike "Chapter 49, Article 2 NMSA | 0013| 1978,". | 0014| | 0015| Respectfully submitted, | 0016| | 0017| | 0018| | 0019| __________________________________ | 0020| Fernando R. Macias, Chairman | 0021| | 0022| | 0023| | 0024| Adopted_______________________ Not | 0025| Adopted_______________________ | 0001| (Chief Clerk) (Chief Clerk) | 0002| | 0003| | 0004| Date ________________________ | 0005| | 0006| | 0007| The roll call vote was 5 For 1 Against | 0008| Yes: 5 | 0009| No: 1 | 0010| Excused: Sanchez | 0011| Absent: None | 0012| | 0013| | 0014| | 0015| S0753JU1 | 0016| | 0017| | 0018| FORTY-THIRD LEGISLATURE SB 753/a | 0019| FIRST SESSION, 1997 | 0020| | 0021| March 18, 1997 | 0022| | 0023| Mr. President: | 0024| | 0025| Your JUDICIARY COMMITTEE, to whom has been referred | 0001| | 0002| SENATE BILL 753, as amended | 0003| | 0004| has had it under consideration and reports same with | 0005| recommendation that it DO PASS, amended as follows: | 0006| | 0007| 1. On page 3, line 11, strike the words "bona fide" | 0008| | 0009| 2. On page 3, line 12, after the word "grant" insert ", | 0010| pursuant to Chapter 49,". | 0011| | 0012| 3. On page 3, line 13, strike the entire line. | 0013| | 0014| 4. On page 3, line 14, strike "Chapter 49, Article 2 NMSA | 0015| 1978,". | 0016| | 0017| Respectfully submitted, | 0018| | 0019| | 0020| | 0021| __________________________________ | 0022| Fernando R. Macias, Chairman | 0023| | 0024| | 0025| | 0001| Adopted_______________________ Not | 0002| Adopted_______________________ | 0003| (Chief Clerk) (Chief Clerk) | 0004| | 0005| | 0006| Date ________________________ | 0007| | 0008| | 0009| The roll call vote was 5 For 1 Against | 0010| Yes: 5 | 0011| No: 1 | 0012| Excused: Sanchez | 0013| Absent: None | 0014| | 0015| | 0016| | 0017| S0753JU1 |