March 4, 1999

Mr. Speaker:

Your BUSINESS AND INDUSTRY COMMITTEE, to whom has been referred

HOUSE BILL 600

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

1. On page 3, lines 13 through 15, remove the brackets and line-through.

2. On page 3, line 13, strike "three million dollars ($3,000,000)" and insert in lieu thereof "one million dollars ($1,000,000)".

3. On page 3, line 15, strike the colon, strike lines 16 through 23 and strike line 24 up to the period.

4. On page 8, lines 6 through 11, strike Section 6 in its entirety.

5. Renumber the succeeding sections accordingly.

6. On page 9, between lines 19 and 20, insert the following new section:

"Section 7. REPEAL.--Section 57-25-6 NMSA 1978 (being Laws 1993, Chapter 284, Section 6) is repealed.".,

and thence referred to the JUDICIARY COMMITTEE.

Respectfully submitted,

Debbie A. Rodella, Vice Chairwoman

Adopted Not Adopted

(Chief Clerk) (Chief Clerk)

The roll call vote was 8 For 1 Against

Yes: 8

No: Rodella

Excused: Chavez

Absent: J. Taylor, T. Taylor

.128540.1

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