0001| HOUSE BILL 989
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0002| 43rd legislature - STATE OF NEW MEXICO - first session, 1997
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0003| INTRODUCED BY
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0004| BOBBIE K. MALLORY
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0005|
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0006|
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0007|
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0008|
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0009|
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0010| AN ACT
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0011| RELATING TO LOCAL GOVERNMENT FINANCES; ENACTING A NEW SECTION
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0012| OF THE NMSA 1978; PROVIDING FOR DISPOSITION OF PUBLIC MONEY BY
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0013| A MUNICIPALITY OR VILLAGE HAVING NO BANKING FACILITY.
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0014|
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0015| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0016| Section 1. A new section of Chapter 6, Article 6 NMSA
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0017| 1978 is enacted to read:
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0018| "[NEW MATERIAL] RECEIPTS OF PUBLIC MONEY--DISPOSITION
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0019| BY CERTAIN MUNICIPALITIES.--For any municipality or village
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0020| having within its boundaries no suitable banking facility in
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0021| which to deposit collected receipts of public money, the local
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0022| government division of the department of finance and
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0023| administration shall grant a waiver of the daily deposit
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0024| requirement to allow deposits of the receipts within a period
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0025| not to exceed eight days from the date of collection, provided
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0001| the municipality or village adopts a reasonable administrative
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0002| policy approved by the local government division establishing
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0003| procedures for the safeguarding of the public funds prior to
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0004| deposit."
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0005| State of New Mexico
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0006| House of Representatives
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0007|
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0008| FORTY-THIRD LEGISLATURE
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0009| FIRST SESSION, 1997
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0010|
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0011|
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0012| February 27, 1997
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0013|
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0014|
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0015| Mr. Speaker:
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0016|
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0017| Your GOVERNMENT AND URBAN AFFAIRS COMMITTEE, to
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0018| whom has been referred
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0019|
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0020| HOUSE BILL 989
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0021|
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0022| has had it under consideration and reports same with
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0023| recommendation that it DO PASS, and thence referred to the
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0024| APPROPRIATIONS AND FINANCE COMMITTEE.
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0025|
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0001| Respectfully submitted,
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0002|
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0003|
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0004|
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0005|
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0006|
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0007| Lynda M. Lovejoy, Chairwoman
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0008|
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0009|
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0010| Adopted Not Adopted
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0011|
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0012| (Chief Clerk) (Chief Clerk)
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0013|
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0014| Date
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0015|
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0016| The roll call vote was 6 For 0 Against
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0017| Yes: 6
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0018| Excused: Pederson, Taylor, JG
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0019| Absent: None
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0020|
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0021|
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0022| G:\BILLTEXT\BILLW_97\H0989 State of New Mexico
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0023| House of Representatives
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0024|
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0025| FORTY-THIRD LEGISLATURE
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0001| FIRST SESSION, 1997
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0002|
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0003|
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0004| March 8, 1997
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0005|
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0006|
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0007| Mr. Speaker:
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0008|
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0009| Your APPROPRIATIONS AND FINANCE COMMITTEE, to
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0010| whom has been referred
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0011|
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0012| HOUSE BILL 989
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0013|
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0014| has had it under consideration and reports same with
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0015| recommendation that it DO PASS, amended as follows:
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0016|
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0017| 1. On page 1, line 21, after the comma strike the remainder
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0018| of the line, strike lines 22 and 23, and insert in lieu thereof
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0019| "such municipality or village shall".
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0020|
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0021| 2. On page 1, line 24, strike "deposits of the" and insert
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0022| in lieu thereof "deposit".
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0023|
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0024| 3. On page 1, line 24, strike "eight" and insert in lieu
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0025| thereof "five".
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0001|
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0002| 4. On page 2, line 2, after "division" insert "of the
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0003| department of finance and administration".
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0004| .
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0005|
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0006| Respectfully submitted,
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0007|
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0008|
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0009|
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0010|
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0011|
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0012| Max Coll, Chairman
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0013|
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0014|
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0015| Adopted Not Adopted
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0016|
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0017| (Chief Clerk) (Chief Clerk)
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0018|
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0019| Date
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0020|
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0021| The roll call vote was 14 For 0 Against
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0022| Yes: 14
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0023| Excused: Buffett, Coll, Watchman
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0024| Absent: None
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0025|
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0001|
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0002| .118558.1
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0003| G:\BILLTEXT\BILLW_97\H0989
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0004|
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0005| FORTY-THIRD LEGISLATURE
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0006| FIRST SESSION, 1997
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0007|
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0008|
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0009| March 18, 1997
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0010|
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0011| Mr. President:
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0012|
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0013| Your PUBLIC AFFAIRS COMMITTEE, to whom has been
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0014| referred
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0015|
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0016| HOUSE BILL 989, as amended
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0017|
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0018| has had it under consideration and reports same with
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0019| recommendation that it DO PASS.
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0020|
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0021| Respectfully submitted,
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0022|
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0023|
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0024|
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0025|
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0001| __________________________________
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0002| Shannon Robinson, Chairman
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0003|
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0004|
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0005|
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0006| Adopted_______________________ Not
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0007| Adopted_______________________
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0008| (Chief Clerk) (Chief Clerk)
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0009|
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0010|
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0011| Date ________________________
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0012|
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0013|
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0014| The roll call vote was 5 For 0 Against
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0015| Yes: 5
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0016| No: 0
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0017| Excused: Boitano, Feldman, Vernon, Rodarte
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0018| Absent: None
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0019|
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0020|
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0021|
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0022|
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0023| H0989PA1
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