FORTY-SIXTH LEGISLATURESB 363/a

SECOND SESSION, 2004

February 10, 2004

Madam President:

    Your FINANCE COMMITTEE, to whom has been referred

SENATE BILL 363

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

    1. On page 1, line 12, strike "ELIMINATING" and insert in lieu thereof "REDUCING".

    2. On page 2, line 14, after the semicolon insert "provided, however, that a lease entered into pursuant to this subsection shall contain a provision for termination of the lease at the end of any calendar year in which there is no class III tribal gaming being conducted in New Mexico;".

    3. On page 5, line 19, after "casino" strike the remainder of the line up to the period.

                               Respectfully submitted,

                               __________________________________

                               Ben D. Altamirano, Chairman

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 6 For 0 Against

Yes:      6

No:       0

Excused: Carraro, Fidel, Rawson, Tsosie

Absent:   None

SB0363FC1                                                  .150865.1

.151205.3