FORTY-FIFTH LEGISLATURE

FIRST SESSION, 2001





March 3, 2001





Mr. Speaker:



Your BUSINESS AND INDUSTRY COMMITTEE, to whom has been referred



HOUSE BILL 784



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



1. On page 2, line 24, strike "fifteen" and insert in lieu thereof "twenty".



2. On page 3, line 2, strike "the prior calendar year" and insert in lieu thereof "on the first day of the month, twelve months prior to the beginning of the taxable year".



3. On page 3, line 8, after "Mexico" insert "who are not entitled to allocate income earned in New Mexico to another state".,



and thence referred to the TAXATION AND REVENUE COMMITTEE.



Respectfully submitted,







Fred Luna, Chairman





Adopted Not Adopted

(Chief Clerk) (Chief Clerk)



Date



The roll call vote was 9 For 0 Against

Yes: 9

Excused: Foley, Hanosh, Taylor JG, Taylor T.

Absent: None





.137447.1

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