March 10, 1999

Mr. Speaker:

Your JUDICIARY COMMITTEE, to whom has been referred

SENATE BILL 408, as amended

has had it under consideration and reports same WITHOUT RECOMMENDATION, amended as follows:

1. Strike Senate Judiciary Committee Amendments 9 through 12.

2. On page 7, strike lines 14 through 23 and insert in lieu thereof:

"C. Except as provided in Subsection G of this section:

(1) the prices for residence dial tone access line services shall be capped for ten years from July 1, 1999 at the approved prices for those services that were in effect on January 1, 1998;

(2) the prices for business dial tone access line services shall be capped for five years from July 1, 1999 at thirty-four dollars ($34.00) for a telecommunications carrier that serves more than two hundred fifty thousand access lines in New Mexico; and

(3) a telecommunications carrier may increase or decrease the price of dial tone access line services that are capped pursuant to Paragraph (1) or Paragraph (2) of this subsection by filing a price list pursuant to Subsection B of this section, but the proposed price shall not exceed:

(a) for residential dial tone access line services, the price that was in effect on January 1, 1998; and

(b) for business dial tone access line services, thirty-four dollars ($34.00).".

3. On page 7, line 24, strike "July 1, 2004" and insert in lieu thereof "July 1, 2009".

4. On page 9, lines 23 and 24, strike "or a non-telecommunications service".

5. On page 10, line 10, strike "or a non-telecommunications service".

and thence referred to the APPROPRIATIONS AND FINANCE COMMITTEE.

Respectfully submitted,

R. David Pederson, Chairman

Adopted Not Adopted

(Chief Clerk) (Chief Clerk)

The roll call vote was 8 For 1 Against

Yes: 8

No: Stewart

Excused: Luna, T. Taylor, Sanchez

Absent: None

.128948.2

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