FORTY-THIRD LEGISLATURE
                        SECOND SESSION, 1998
  
  
                                                February 13, 1998
  
  
  Mr. Speaker:
  
       Your JUDICIARY COMMITTEE, to whom has been referred
  
                  HOUSE BILL 265, as amended
                               
  has had it under consideration and reports same with
  recommendation that it DO PASS, amended as follows:
  
       1.  On page 9, lines 15 and 16, strike all underlined
  material and insert in lieu thereof "a policy of vehicle insurance
  that covers self-propelled vehicles of a kind required to be
  registered pursuant to New Mexico law for use on the public
  streets and highways.  A "motor vehicle insurance policy": 
  
                      A.  shall include:
  
                 (1)  motor vehicle bodily injury and property
  damage liability coverages in compliance with the Mandatory
  Financial Responsibility Act; and
  
                 (2)  uninsured motorist coverage, subject to the
  provisions of Section 66-5-301 NMSA 1978 permitting the insured to
  reject such coverage; and
  
            B.  may include:
  
                 (1)  physical damage coverage;
  
                 (2)  medical payments coverage; and
  
                 (3)  other coverages that the insured and the
  insurer agree to include within the policy.".
  
       2.  On page 24, line 11 change "<u>shall</u>" to "may".
  
       3.  On page 25, strike lines 22 through 25 and on page 26,
  strike lines 1 through 16. 
  
       4.  Renumber the succeeding section accordingly.
       
       
  
                                Respectfully submitted,
  
  
  
                                                              <u>                                
                                </u>
                                                              Thomas P. Foy, Chairman
  
  
  Adopted <u>                       </u>  Not Adopted <u>                         </u>
            (Chief Clerk)                      (Chief Clerk)
  
                       Date <u>               </u>
  
  The roll call vote was<u> 6 </u> For<u> 4 </u> Against
  Yes:      6
            No:       Alwin, Carpenter, Larranaga, Vaughn
            Excused:  King, Mallory, Sanchez
            Absent:   None
  
  
  
                                                         .123009.1
  G:\BILLTEXT\AMEND_98\H0265JC1