FORTY-THIRD LEGISLATURE            HB 347/a
                        FIRST SESSION, 1997
  
  
                                                   March 21, 1997
  
  Mr. President:
  
      Your FINANCE COMMITTEE, to whom has been referred
  
                           HOUSE BILL 347
  
  has had it under consideration and reports same with recommendation
  that it DO PASS, amended as follows:
  
      1.  On page 1, line 11, after "FOR" insert "THE INSTRUCTIONAL
  AND GENERAL DISTRIBUTION FOR FOUR-YEAR HIGHER EDUCATIONAL
  INSTITUTIONS; PROVIDING FOR PARTICIPATION AND REPORTING FOR".             
  
      2.  On page 1, line 12, strike "; DECLARING AN EMERGENCY".
  
      3.  On page 1, line 15, after the first period, strike the
  remainder of the line, strike all of lines 16 through 19 and strike
  line 20 through the period and insert in lieu thereof:
  
  "TEMPORARY PROVISION--WESTERN GOVERNORS' VIRTUAL UNIVERSITY
  INITIATIVE.--The commission on higher education shall perform the
  participation and reporting duties set out in this section to carry
  out the purpose of the funding for New Mexico's participation in the
  western governors' virtual learning initiative in the General
  Appropriation Act of 1997.".
  
      4.  On page 2, strike line 7 after the period.
  
      5.  On page 2, strike line 8 in its entirety.
      
      6.  On page 2, between lines 8 and 9, insert the following
  section:
  
      "Section 2.  APPROPRIATION.--  
  
          A.  Two million five hundred sixty-four thousand two
  hundred dollars ($2,564,200) is appropriated from the general fund
  to the commission on higher education for expenditure in fiscal year
  1998 for the purpose of funding the instructional and general
  distribution to the following institutions in the following amounts:
  
               (1)  one hundred seventy thousand two hundred dollars
  ($170,200) to the board of regents of New Mexico institute of mining
  and technology;
  
               (2)  seven hundred eighty-one thousand dollars
  ($781,000) to the board of regents of New Mexico state university;
  
               (3)  one million one hundred sixty-two thousand six
  hundred dollars ($1,162,600) to the board of regents of the
  university of New Mexico;
  
               (4)  one hundred eighty-two thousand nine hundred
  dollars ($182,900) to the board of regents of eastern New Mexico
  university;
  
               (5)  one hundred sixty thousand seven hundred dollars
  ($160,700) to the board of regents of New Mexico highlands
  university; and
  
               (6)  one hundred six thousand eight hundred dollars
  ($106,800) to the board of regents of western New Mexico university.
  
          B.  Any unexpended or unencumbered balance remaining at the
  end of fiscal year 1998 shall not revert to the general fund.".
  
      7.  On page 2, strike lines 9 and 10 in their entirety.
  
  
                               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:     None
               Excused:     Carraro, Eisenstadt, Ingle, Lyons, McKibben
          Absent: None
  
  
  H0347FC1                                              .119303.2