FORTY-SIXTH LEGISLATURE

SECOND SESSION

February 19, 2004

Madam President:

    Your EDUCATION COMMITTEE, to whom has been referred

HOUSE TAXATION AND REVENUE COMMITTEE SUBSTITUTE FOR HOUSE BILL 393, as amended

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

    1. On page 52, between lines 9 and 10, insert the following section:

    "Section 18. TEMPORARY PROVISION--NO REDUCTION FOR KINDERGARTEN PROJECTS.--Notwithstanding the provisions of Paragraph (6) of Subsection B of Section 22-24-5 NMSA 1978, no reduction calculated pursuant to that paragraph shall take into account any appropriation in the 2004 Capital Projects General Obligation Bond Act to a school district for full-day kindergarten projects.".

    2. Renumber the succeeding sections accordingly.

                               Respectfully submitted,

                               _____________________________

                               Cynthia Nava, Chair

Adopted___________________ Not Adopted___________________

          (Chief Clerk) (Chief Clerk)

                      Date ______________

The roll call vote was 8 For 0 Against

Yes: 8

No: None

Excused: Papen

Absent: None