March 18, 1999

HOUSE FLOOR AMENDMENT number ______ to SENATE BILL 408, as amended

Amendment sponsored by Representative Raymond G. Sanchez

1. On page 9, between lines 18 and 19, insert the following new subsection:

"I. On August 1, 1999, a telecommunications carrier that serves more than two hundred fifty thousand access lines in New Mexico shall reduce its average intrastate switched access charges by four million five hundred thousand dollars ($4,500,000) for qualifying long distance telecommunications carriers. As used in this subsection, "qualifying long distance telecommunications carrier" means a long distance telecommunications carrier that, either in its own name or through an affiliated telecommunications carrier owned by the long distance telecommunications carrier, was certified to provide local telecommunications services in New Mexico and had constructed local telecommunications facilities in New Mexico as of January 1, 1999.".

2. Reletter the succeeding subsections accordingly.

3. On page 13, line 18, after the period insert:

"If prior to December 31, 2000, the legislative telecommunications investment and economic development committee certifies that the investment required pursuant to Section 9 of the Telecommunications Investment and Economic Development Act has been made by a telecommunications carrier serving more than two hundred fifty thousand access lines in the state, data services shall be deregulated on December 31, 2000. If no such certification is made by

the legislative telecommunications investment and economic development committee prior to December 31, 2000, data service shall not be deregulated until the full investment has been made.".

__________________________________

Raymond G. Sanchez

Adopted ___________________ Not Adopted ___________________________

 (Chief Clerk) (Chief Clerk)

Date ________________