FORTY-SEVENTH LEGISLATURE

FIRST SESSION, 2005

February 25, 2005

Mr. Speaker:

    Your TAXATION AND REVENUE COMMITTEE, to whom has been referred

HOUSE BILL 859

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

     1. On page 5, line 8, strike "and".

     2. On page 5, line 10, strike the period and insert in lieu thereof "; and".

     3. On page 5, between lines 10 and 11, insert the following new paragraph:

                "(3) the provisions of Chapter 72 NMSA 1978 regarding any change to the point of diversion or the place or purpose of use of any water right to any place selected by the authority in order to make the water available to the authority.".