SENATE BILL 88

44TH LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION, 1999

INTRODUCED BY

Patrick H. Lyons

AN ACT

RELATING TO MUNICIPALITIES; AMENDING A SECTION OF THE MUNICIPAL CODE TO REMOVE THE KILOWATT BASIS FOR MUNICIPAL ELECTRIC UTILITY CHARGES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. Section 3-24-2 NMSA 1978 (being Laws 1965, Chapter 300, Section 14-23-2, as amended) is amended to read:

"3-24-2. ELECTRIC UTILITY--CHARGES.--A municipality owning and operating an electric utility shall charge only the person receiving the electric service [~~which shall be measured by the kilowatt or the kilowatt-hour~~]. The provisions of this section shall not apply to the sale by a municipality of surplus electric power and energy derived from its generating facility or its interest in a jointly owned generating facility."