FIFTY-FOURTH LEGISLATURESB 491/a
FIRST SESSION, 2019
March 1, 2019
Mr. President:
Your CORPORATIONS AND TRANSPORTATION COMMITTEE, to whom has been referred
SENATE BILL 491
has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:
1. On pages 3 and 4, strike Subsection E in its entirety and insert in lieu thereof the following new subsection:
"E. The commission shall establish by rule fiduciary, security and insurance safeguards for the money deposited with and paid out or distributed by the New Mexico horse breeders' association pursuant to the Horse Racing Act.".,
and thence referred to the JUDICIARY COMMITTEE.
Respectfully submitted,
___________________________________
SENATOR CLEMENTE SANCHEZ, CHAIRMAN
Adopted_______________________ Not Adopted_______________________
(Chief Clerk) (Chief Clerk)
Date ________________________
The roll call vote was 7 For 0 Against
Yes: 7
No: 0
Excused: Tallman
Absent: None
SB0491CT1.wpd .214361.1