FORTY-THIRD LEGISLATURE
                          SECOND SESSION
  
  
                                                 February 5, 1998
  
  
                                                                SENATE FLOOR AMENDMENT number _______ to                      SENATE JOINT MEMORIAL 11,
                                                                as amended 
  
  Amendment sponsored by Senator Timothy Z. Jennings 
  
  
      1.  On page 3, line 12, insert "and" following the semicolon,
  and between lines 12 and 13, insert the following:
  
      "WHEREAS, in any such major government undertaking as this
  recommended land acquisition, the impact of taking private land
  off the tax base must be a major consideration;".
  
      2.  On page 4, between lines 8 and 9, insert the following:
  
      "BE IT FURTHER RESOLVED that the federal government, in
  considering the purchase of the Baca ranch, strive to create
  whatever other land trades and acquisitions possible to either
  trade for this valuable property or, in whatever manner possible,
  ensure that the arrangement does not result in a net decrease in
  private land in the state of New Mexico, thereby reducing our tax
  base; and".
  
  
  
                                      __________________________
                                      Timothy Z. Jennings
  
  
  
  Adopted ___________________   Not Adopted _______________________
           (Chief Clerk)                    (Chief Clerk)
  
  
                   Date _________________