FORTY-SEVENTH LEGISLATURE

SECOND SESSION, 2006

February 1, 2006

Mr. Speaker:

    Your ENERGY AND NATURAL RESOURCES COMMITTEE, to whom has been referred

HOUSE BILL 553

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

     1. On page 1, line 12, after "BASIN" insert "AND THE RIO GRANDE BASIN".

     2. On page 1, lines 15 through 22, strike Section 1 in its entirety and insert in lieu thereof the following new section to read:

     "Section 1. APPROPRIATIONS.--

          A. Two hundred fifty million dollars ($250,000,000) is appropriated from the general fund to the following funds and agencies in the following amounts for expenditure in fiscal year 2006 and subsequent fiscal years for the following purposes:

                (1) a final forty-eight million dollars ($48,000,000) to the interstate stream commission to complete the Pecos River Compact settlement;

                (2) one hundred one million dollars ($101,000,000) to the New Mexico irrigation works construction fund for expenditure by the state engineer to support the completion of hydrographic surveys and the state's prosecution of stream system adjudications; and

                (3) one hundred one million dollars ($101,000,000) to the improvement of Rio Grande income fund for expenditure by the state engineer to support the completion of hydrographic surveys and the state's prosecution of stream system adjudications.

          B. Any unexpended or unencumbered balance at the end of a fiscal year shall not revert to the general fund.".,

and thence referred to the APPROPRIATIONS AND FINANCE COMMITTEE.                            

                             Respectfully submitted,

James Roger Madalena, Chairman

Adopted     Not Adopted

           (Chief Clerk)                            (Chief Clerk)

Date

The roll call vote was 9 For 0 Against

Yes:      9

No:       0

Excused:  Heaton, Madalena, Salazar, Wilson

Absent:   None

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