FIFTIETH LEGISLATURESB 54/a

FIRST SESSION, 2011



February 4, 2011


Mr. President:


    Your RULES COMMITTEE, to whom has been referred


SENATE BILL 54


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


    1. On page 1, line 11, strike "MEMBERS" and insert "A

REPRESENTATIVE OF AN APPRAISAL MANAGEMENT COMPANY".


    2. On page 1, line 12, before "AMENDING", insert "REDUCING THE

NUMBER OF PUBLIC MEMBERS TO ONE;".


    3. On page 1, line 23, remove the brackets and line through

"seven" and strike "nine".

 

    4. On page 2, lines 1 through 25 and on page 3, line 1,

remove the brackets and line-through.


    5. On page 2, line 16, strike "Two members" and insert in lieu

thereof "One member".


    6. On page 2, line 17, strike "members" and insert in lieu

thereof "member" and after "been" insert "a".


    7. On page 2, line 18, strike "appraisers" and insert in lieu

thereof "appraiser".


    8. On page 2, between lines 21 and 22, insert the following

new subsection to read:


         "F. One member shall be a New Mexico resident and a

representative of an appraisal management company as defined

pursuant to the Appraisal Management Company Registration Act.".


    9. Reletter the succeeding subsections accordingly.




    10. On page 3, lines 2 through 25 and page 4, lines 1 through

7, strike the underscored Subsections B through F in their entirety

and insert in lieu thereof a closing quotation mark.,

and thence referred to the PUBLIC AFFAIRS COMMITTEE.


 





                               Respectfully submitted,




                               ___________________________________

                               Linda M. Lopez, Chairman




Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)



                  Date ________________________



The roll call vote was 6 For 2 Against

Yes:      6

No:       Feldman, Muñoz

Excused: Kernan

Absent:   None



SB0054RU1.wpd                                               184904.2