FORTY-SEVENTH LEGISLATURE

FIRST SESSION, 2005

February 16, 2005

Mr. Speaker:

    Your TAXATION AND REVENUE COMMITTEE, to whom has been referred

HOUSE BILL 602

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

     1. On page 1, line 21, strike "13" and insert in lieu thereof "14". 

     2. On page 12, between lines 1 and 2, insert the following new section:

     "Section 9. [NEW MATERIAL] REJECTION OF ORDINANCE.--Within ninety days after adoption of the ordinance, owners of the taxable parcels of real property within the district, exclusive of any real property owned by the United States or the state or any of its subdivisions, may file a petition in opposition to the creation of the district. Upon a finding that the petition is signed by a majority of such real property owners, the district shall be voided and the council shall repeal the ordinance creating the district.".

     3. Renumber the succeeding sections accordingly.,

and thence referred to the APPROPRIATIONS AND FINANCE COMMITTEE.                            

                             Respectfully submitted,

Donald L. Whitaker, Chairman

Adopted     Not Adopted

           (Chief Clerk)                            (Chief Clerk)

Date

The roll call vote was 9 For 0 Against

Yes:      9

No:       0

Excused:  Arnold-Jones, Lujan, B., Sandoval, Silva

Absent:   Payne, Taylor, Tripp

.156486

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