FORTY-EIGHTH LEGISLATURESB 1024/a

FIRST SESSION, 2007

February 19, 2007

Madam President:

    Your CORPORATIONS AND TRANSPORTATION COMMITTEE, to whom has been referred

SENATE BILL 1024

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

        1. On page 2, line 2, after "equipment" insert ", but does not include lawful repossession, foreclosure or salvage pursuant to Subsection D of Section 70-2-38 NMSA 1978".,

and thence referred to the JUDICIARY COMMITTEE.

                               Respectfully submitted,

                               __________________________________

                               Shannon Robinson, Chairman

Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)

                  Date ________________________

The roll call vote was 5 For 0 Against

Yes:      5

No:       0

Excused: Boitano, Duran, Nava, Taylor

Absent:   None

SB1024CT1                                                  .168098.1