FORTY-NINTH LEGISLATURE

SECOND SESSION

February 10, 2010

SENATE FLOOR AMENDMENT number ___1___ toSENATE FINANCE COMMITTEE SUBSTITUTE FOR SENATE RULES COMMITTEE SUBSTITUTE FOR SENATE BILLS 18, 218 & 238

Amendment sponsored by Senator

    1. On page 14, between lines 7 and 8, insert the following new section to read:

    "Section 8. A new section of Chapter 6, Article 8 NMSA 1978 is enacted to read:

    "[NEW MATERIAL] RESTRICTIONS ON RECEIPT OF GIFTS AND CAMPAIGN CONTRIBUTIONS.--

         A. Except for gifts of food or beverage given in a place of public accommodation, consumed at the time of receipt, not exceeding fifty dollars ($50.00) for a single gift and the aggregate value of which gifts may not exceed one hundred fifty dollars ($150) in a calendar year, the state investment officer, council members and employees of the council shall not receive or accept anything of value directly or indirectly from a person who:

             (1) has a current contract with the council;

             (2) is a potential bidder, offeror or contractor for the provision of services or personal property to the council;

             (3) is authorized to invest public funds pursuant to state or federal law or is an employee or agent of such a person; or

             (4) is an organization, association or other entity having a membership that includes persons described in Paragraphs (1) through (3) of this subsection.

         B. No person who is a candidate in a primary or general election for a position that qualifies the person for ex-officio membership on the council and no member serving ex officio on the council shall accept anything of a value of more than twenty-five dollars ($25.00) as a contribution to an ex-officio member's statewide campaign in a primary or general election or as a contribution to the campaign of a nominee for membership on the board as a member elected by all or some of the members of the association from a person who:

             (1) has a current contract with the council;  

             (2) is a potential bidder, offeror or contractor for the provision of services or personal property to the council;

             (3) is authorized to invest public funds pursuant to state or federal law or is an employee or agent of such a person; or

             (4) is an organization, association or other entity having a membership that includes persons described in Paragraphs (1) through (3) of this subsection."".

    2. Renumber the succeeding sections accordingly.

                                    _______________________________

Adopted ___________________ Not Adopted ________________________

          (Chief Clerk)                (Chief Clerk)

                  Date _________________