FORTY-EIGHTH LEGISLATURE

FIRST SESSION

March 16, 2007

HOUSE FLOOR AMENDMENT number ___1___ to SENATE BILL 221, as amended

Amendment sponsored by Representative Daniel R. Foley

    1. On page 2, line 2, before the colon, insert:

"; provided, however, that no funds shall be released for a loan participation until the eligible entity has provided evidence to the New Mexico finance authority that the eligible entity's share of the project financing is available for immediate expenditure".

                                    _______________________________

                                    Daniel R. Foley

Adopted ___________________ Not Adopted ________________________

          (Chief Clerk)                (Chief Clerk)

                  Date _________________