March 4, 2001

Mr. President:

Your FINANCE COMMITTEE, to whom has been referred

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

1. On page 1, lines 14 and 15, strike "STATE BOARD OF FINANCE" and insert in lieu thereof "NEW MEXICO FINANCE AUTHORITY".

2. On page 2, line 19, strike "STATE BOARD OF FINANCE" and insert in lieu thereof "NEW MEXICO FINANCE AUTHORITY".

3. On page 2, line 22, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

4. On page 3, line 16, strike "state treasury" and insert in lieu thereof "New Mexico finance authority".

5. On page 3, line 17, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

6. On page 4, line 3, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

7. On page 4, line 9, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

8. On page 4, line 15, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

9. On page 4, line 20, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

10. On page 4, lines 22 and 23, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

11. On page 6, line 9, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

12. On page 6, line 19, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

13. On page 7, line 4, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

14. On page 7, line 8, strike "state treasurer" and insert in lieu thereof "secretary of the New Mexico finance authority".

15. On page 7, line 9, strike "governor" and insert in lieu thereof "chairman of the New Mexico finance authority".

16. On page 7, line 10, strike "state" and insert in lieu thereof "New Mexico finance authority".

17. On page 7, line 13, strike "state treasurer" and insert in lieu thereof "New Mexico finance authority".

18. On page 7, lines 18 and 19, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

19. On page 7, line 23, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

20. On page 8, line 5, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

21. On page 8, line 19, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

22. On page 8, line 22, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

23. On page 8, line 24, strike "state board of finance" and insert in lieu thereof "New Mexico finance authority".

Respectfully submitted,

__________________________________

Ben D. Altamirano, Chairman

Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)

Date ________________________

The roll call vote was 7 For 0 Against

Yes: 7

No: 0

Excused: Carraro, Rawson, Tsosie

Absent: None

S0214FC1 .137664.2