reglab/housing_qa huggingface dataset:
NM Stat § 22-8-23.13 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-23.13 - Public education reform fund created.

A. The "public education reform fund" is created as a nonreverting fund in the state treasury and consists of appropriations; unspecified gifts, grants and donations to the fund; and income from investment of the fund.B. Subject to legislative appropriation, money in the fund is appropriated to the department for the purposes of implementing evidence-based public education initiatives related to high-quality teaching and school leadership, extended learning opportunities for students, educational interventions for at-risk students, effective and efficient school administration or promoting public education accountability.History: Laws 2019, ch. 206, § 19 and Laws 2019, ch. 207, § 19. ANNOTATIONSDuplicate laws. — Laws 2019, ch. 206, § 19, effective June 14, 2019, and Laws 2019, ch. 207, § 19, effective June 14, 2019, enacted identical new sections. The section was set out as enacted by Laws 2019, ch. 207, § 16. See 12-1-8 NMSA 1978.Applicability. — Laws 2019, ch. 206, § 29 provided that the provisions of Laws 2019, ch. 207, § 19 apply to the program cost calculation in fiscal year 2020 and subsequent fiscal years.
NM Stat § 22-8-25.1 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-25.1 - Additional per unit distribution from public school fund.

The legislature shall maintain each year in the public school fund an amount equal to the amount of revenue produced by all school districts pursuant to Paragraph (2) of Subsection B of Section 7-37-7 NMSA 1978 for which credit is required to be taken pursuant to Section 22-8-25 NMSA 1978. Each year the department shall distribute to each school district an amount determined by the department on a per program unit basis which shall be included within the state equalization guarantee distribution made pursuant to the general appropriation act. History: 1953 Comp., § 22-8-25.1, enacted by Laws 1985 (1st S.S.), ch. 15, § 17; 1988, ch. 64, § 30. ANNOTATIONSCross references. — For the public school fund, see 22-8-14 NMSA 1978. The 1988 amendment, effective May 18, 1988, in the second sentence, substituted "department" for "director of the office of education" at the first occurrence of that word, "department" for "director" at the second occurrence, and "included within" for "in addition to".
NM Stat § 22-8-28 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-28 - Repealed.

ANNOTATIONSRepeals. — Laws 1995, ch. 208, § 16 repealed 22-8-28 NMSA 1978, as amended by Laws 1979, ch. 305, § 3, relating to the submission of school bus cost reports, effective July 1, 1995. For provisions of former section, see the 1994 NMSA 1978 on NMOneSource.com.
NM Stat § 22-8-29.2 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-29.2 - Repealed.

ANNOTATIONSRepeals. — Laws 1999 (1st S.S.), ch. 11, § 6 repealed 22-8-29.2 NMSA 1978, as enacted by Laws 1995, ch. 208, § 11, relating to grouping of districts, calculation of average square miles served per student transported, and calculation of average operational expenditure per student, effective May 21, 1999. For provisions of former section, see the 1998 NMSA 1978 on NMOneSource.com.
NM Stat § 22-8-29.3 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-29.3 - Repealed.

ANNOTATIONSRepeals. — Laws 1999 (1st S.S.), ch. 11, § 6 repealed 22-8-29.3 NMSA 1978, as enacted by Laws 1995, ch. 208, § 12, relating to the calculation of average operational expenditure per student, effective May 21, 1999. For provisions of former section, see the 1998 NMSA 1978 on NMOneSource.com.
NM Stat § 22-8-29.4 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-29.4 - Transportation distribution adjustment factor.

A. The department shall establish a transportation distribution adjustment factor. The adjustment factor shall be calculated as follows: (1) calculate the unadjusted transportation allocation for each school district and state-chartered charter school, designated in Section 22-8-29.1 NMSA 1978 as product A plus product B; (2) the sum total of product A plus product B in all school districts and state-chartered charter schools added together equals product C; and (3) subtract product C from the total operational transportation distribution for the current year and divide the result by product C and then add 1 in the following manner: "[(total operational transportation distribution - C) C] + 1". The result is the transportation distribution adjustment factor. B. As used in this section, "total operational transportation distribution" means the total legislative appropriation for the transportation distribution minus amounts included for capital outlay expenses. History: Laws 1995, ch. 208, § 13; 1999 (1st S.S.), ch. 11, § 4; 2006, ch. 94, § 21. ANNOTATIONSCross references. — For transfer of powers and duties of former state superintendent, see 9-24-15 NMSA 1978. For the public education department, see 9-24-4 NMSA 1978. The 2006 amendment, effective July 1, 2007, changed "state superintendent" to "department" in Subsection A; added state-chartered charter schools in Paragraphs (1) and (2) of Subsection A; and added the reference to Section 22-8-29.1 NMSA 1978 in Paragraph (1) of Subsection A. The 1999 amendment, effective May 21, 1999, in Subsection A, in Paragraphs (1) and (2), inserted "product A plus product" and "school", and in Paragraphs (2) and (3), inserted "product" preceding "C".
NM Stat § 22-8-29.5 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-29.5 - Repealed.

ANNOTATIONSRepeals. — Laws 1999 (1st S.S.), ch. 11, § 6 repealed 22-8-29.5 NMSA 1978, as enacted by Laws 1995, ch. 208, § 14, relating to calculation of a mileage supplement for each local school district, effective May 21, 1999. For provisions of former section, see the 1998 NMSA 1978 on NMOneSource.com.
NM Stat § 22-8-29.6 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-29.6 - Transportation emergency fund.

A. The "transportation emergency fund" is created in the state treasury. Money in the fund shall not revert to the general fund at the end of any fiscal year. Money in the fund is appropriated to the department for the purpose of funding transportation emergencies, including fuel price increases. The secretary shall make distributions to ensure the safety of students receiving to-and-from transportation services. B. The secretary shall account for all transportation emergency distributions and shall make full reports to the governor, the legislative education study committee and the legislative finance committee of payments made. History: Laws 1995, ch. 208, § 15; 1999 (1st S.S.), ch. 11, § 5; 2014, ch. 23, § 1. ANNOTATIONSThe 2014 amendment, effective May 21, 2014, permitted fuel price increases to be deemed a transportation emergency; and in Subsection A, in the third sentence, after "funding transportation emergencies", added "including fuel price increases", in the fourth sentence, after "The", deleted "state superintendent" and added "secretary", and after "shall make distributions", deleted "only"; and in Subsection B, after "The", deleted "state superintendent" and added "secretary". The 1999 amendment, effective May 21, 1999, rewrote this section to the extent that a detailed comparison would be impracticable.
NM Stat § 22-8-30.1 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-30.1 - Recompiled.

ANNOTATIONSRecompilation. — Laws 2004, ch. 27, § 28 recompiled former 22-8-30.1 NMSA 1978, relating to creation of adult basic education fund, as 21-1-27.5 NMSA 1978, effective May 19, 2004.
NM Stat § 22-8-30.2 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-30.2 - Recompiled.

ANNOTATIONSRecompilation. — Laws 2004, ch. 27, § 28 recompiled former 22-8-30.2 NMSA 1978, relating to distribution of adult basic education fund, as 21-1-27.6 NMSA 1978, effective May 19, 2004.
NM Stat § 22-8-32 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-32 - Current school fund; receipts; disposition.

A. As they are received, the state treasurer shall deposit into the current school fund revenue received from the following sources: (1) all fines and forfeitures collected under general laws; (2) the net proceeds of property that may come to the state by escheat; and (3) all other revenue which by law is to be credited to the current school fund. B. At the end of each month, the state treasurer shall transfer the amount in the common school current fund, also known as the common school income fund, to the current school fund. C. At the end of each month, after the transfer authorized in Subsection B of this section, the state treasurer shall transfer any unencumbered balance in the current school fund to the public school fund. History: 1953 Comp., § 77-6-32, enacted by Laws 1967, ch. 16, § 86; 1972, ch. 90, § 2; 1976, ch. 7, § 1. ANNOTATIONSCross references. — For public school fund generally, see 22-8-14 NMSA 1978.
NM Stat § 22-8-33 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-33 - Distribution of certain revenue.

There shall be distributed to the credit of each school district in a county, according to the proportion that the forty-day average daily membership of the school district bears to the forty-day average daily membership of the entire county, all revenue received by the county for public school purposes from the forest reserve funds distributed pursuant to Section 6-11-3 NMSA 1978. History: 1953 Comp., § 77-6-35, enacted by Laws 1967, ch. 16, § 89; 1969, ch. 180, § 24; 1972, ch. 90, § 3; 1985 (1st S.S.), ch. 15, § 18.
NM Stat § 22-8-34 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-34 - Federal mineral leasing funds.

A. Money received by the state pursuant to the provisions of the federal Mineral Leasing Act shall be distributed to the public school fund, except as follows:(1) an annual appropriation to the instructional material fund;(2) an annual appropriation to the board of regents of the New Mexico institute of mining and technology for the bureau of geology and mineral resources;(3) the distribution made pursuant to Subsection B of this section; and(4) the distribution made pursuant to Section 3 [9-29A-3 NMSA 1978] of this 2020 act.B. Money received by the state as its share of a prepayment of royalties pursuant to 30 U.S.C. 1726(b), as that section may be amended or renumbered, shall be distributed as follows:(1) a portion of the receipts, estimated by the taxation and revenue department to be equal to the amount that the state would have received as its share of royalties in the same fiscal year if the prepayment had not been made, shall be distributed to the public school fund; and(2) the remainder shall be distributed to the common school permanent fund. History: 1953 Comp., § 77-6-36, enacted by Laws 1967, ch. 16, § 90; 1974, ch. 8, § 19; 1999, ch. 43, § 1; 1999, ch. 253, § 1; 2001, ch. 246, § 2; 2020, ch. 3, § 7. ANNOTATIONSCross references. — For the federal Mineral Leasing Act, see 30 U.S.C.For public school fund generally, see 22-8-14 NMSA 1978. For instructional material fund generally, see 22-15-5 NMSA 1978 et seq. For New Mexico institute of mining and technology generally, see 21-11-1 NMSA 1978 et seq. The 2020 amendment, effective July 1, 2020, provided for distributions to the early childhood education and care fund from money received by the state pursuant to the provisions of the federal Mineral Leasing Act; in Subsection A, in the introductory paragraph, deleted "Except for an annual appropriation to the instructional material fund and to the bureau of geology and mineral resources of the New Mexico institute of mining and technology, and except as provided in Subsection B of this section, all other", after "federal Mineral", deleted "Lands", after "Leasing Act", deleted "30 USCA 181, et seq.", and after "public school fund", added "except as follows", and added Paragraphs A(1) through A(4); and in Subsection B, in the introductory paragraph, deleted "All", and after "30 U.S.C. 1726(b)", added "as that section may be amended or renumbered".The 2001 amendment, effective June 15, 2001, substituted "bureau of geology" for "bureau of mines" in Subsection A. The 1999 amendment, effective June 18, 1999, rewrote the former section. Law reviews. — For article, " 'New Mexican Nationalism' and the Evolution of Energy Policy in New Mexico," see 17 Nat. Resources J. 283 (1977).
NM Stat § 22-8-35 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-35 - Tax anticipation certificates.

A. For operating expenses, a local school board with the consent of the chief [secretary] may anticipate the collection of taxes for which tax levies have been made by issuing and selling certificates of indebtedness. These certificates shall be issued on the faith and credit of the school district issuing the certificates. The certificates shall not bear interest in excess of six percent a year. The total unpaid certificates outstanding shall not exceed the budget allowance for operating expenses of the school district for a period of ninety days. The certificates shall be paid out of the money first credited thereafter to the operating fund of the school district. B. For school building construction, repair or both, a local school board with consent of the chief [secretary] may anticipate the collection of taxes for which tax levies have been made for that purpose by issuing and selling certificates of indebtedness. These certificates shall be issued on the faith and credit of the school district issuing the certificates. The certificates shall not bear interest in excess of six percent a year. The certificates shall be paid out of the money first received under the tax levy. History: 1953 Comp., § 77-6-39, enacted by Laws 1967, ch. 16, § 93. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Cross references. — For transfer of powers of the former chief of public school finance to the state superintendent, and from the state superintendent to the secretary of public education, see 9-6-3.1 and 9-24-15 NMSA 1978. For general obligation bonds of school districts, see 22-18-1 NMSA 1978 et seq. For school revenue bonds, see 22-19-1 NMSA 1978 et seq. For public school emergency capital outlays, see 22-24-1 NMSA 1978 et seq. For public school capital improvements, see 22-25-1 NMSA 1978 et seq.
NM Stat § 22-8-36 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-36 - Certification of allocations; fund accounts.

The chief [secretary] shall certify periodically to each county treasurer the allocations of funds to each school district in the county. The chief [secretary] shall certify to the county treasurer the names and purposes of the separate funds the county treasurer shall establish and maintain for each school district. History: 1953 Comp., § 77-6-40, enacted by Laws 1967, ch. 16, § 94. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. For transfer of powers of the former chief of public school finance to the state superintendent, and from the state superintendent to the secretary of public education, see 9-6-3.1 and 9-24-15 NMSA 1978.
NM Stat § 22-8-37 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-37 - Public school funds.

Except for money received for a cafeteria or for an activity fund, all money for public school purposes distributed to a school district, or collected by a county, school district or public school authorities for a school district, shall be delivered to and kept by a county treasurer or a board of finance of a school district in funds approved by the division. Disbursements from these funds shall only be made for matured debts by voucher and warrants or checks of the local school board. In no event shall any money be expended or debts incurred except as authorized by the Public School Finance Act. Money for a cafeteria or for an activity fund shall be deposited in a bank, or in a savings and loan association whose deposits are insured by an agency of the United States, or may be deposited in a credit union, as long as the credit union deposit is insured by an agency of the United States, approved by the local school board. The local school board may deposit any cafeteria funds, any activity funds or any other funds in one or more accounts with any such bank or insured savings and loan association in its county, but no local school board, in any official capacity, shall deposit any cafeteria funds, any activity funds or any other funds in any one such savings and loan association the aggregate of which would exceed the amount of federal savings and loan insurance corporation insurance for a single public account. As used in this section, "deposit" includes share, share certificate and share draft. History: 1953 Comp., § 77-6-41, enacted by Laws 1967, ch. 16, § 95; 1968, ch. 18, § 11; 1975, ch. 157, § 9; 1978, ch. 128, § 7; 1987, ch. 79, § 22. ANNOTATIONSDisposition of school revenue. — If local school board has not been designated a board of finance, the county treasurer is to keep all school revenue. 1967 Op. Att'y Gen. No. 67-144.
NM Stat § 22-8-40.1 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-40.1 - Deposit of public school funds; providing exception on interest rate limitation for "NOW" accounts.

Notwithstanding the provisions of Subsection E of Section 22-8-40 NMSA 1978, the requirement for a rate of interest of not less than one hundred percent of the asked price on United States treasury bills of the same maturity on the day of deposit shall not apply to interest-bearing checking accounts. History: 1978 Comp., § 22-8-40.1, enacted by Laws 1981, ch. 341, § 1.
NM Stat § 22-8-42 (2021)
2021 New Mexico Statutes|Chapter 22 - Public Schools|Article 8 - Public School Finance|Section 22-8-42 - Violation of act; penalties.

A. Any person violating any provision of the Public School Finance Act is guilty of a petty misdemeanor. B. Any person diverting or expending any public school money contrary to the approved budget is, in addition to being subject to any other civil or criminal action, liable along with his sureties to the state for the amount diverted or expended. C. Any person diverting any public school funds from the purpose for which the funds were raised or acquired, or embezzling public school funds, shall be removed from office by the court imposing the criminal penalty. D. Any person falsifying any record, account or report required to be kept or filed pursuant to the Public School Finance Act or knowingly using any money budgeted or appropriated for public school use or for any other purposes than that provided in the appropriation or budget is guilty of a petty misdemeanor and shall, in addition to all other civil or criminal penalties, forfeit his office or employment. E. Legal proceedings for violation of the Public School Finance Act shall be instituted by the state superintendent [secretary]. F. A certified school instructor or certified school administrator guilty of any of the violations provided by this section shall, upon conviction, have his certificate revoked by the state board [department]. G. Nothing in this section shall be interpreted to prevent the enforcement of any provision of the Public School Finance Act by means of mandamus or injunction. History: 1953 Comp., § 77-6-46, enacted by Laws 1967, ch. 16, § 100; 1977, ch. 247, § 204; 1988, ch. 64, § 38. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Laws 2004, ch. 25, § 27, provided that all references to the superintendent of public instruction shall be deemed references to the secretary of public education and all references to the former state board of education or state department of education shall be deemed references to the public education department. See 9-24-15 NMSA 1978. The 1988 amendment, effective May 18, 1988, substituted "state superintendent" for "secretary of finance and administration" in Subsection E, and, in Subsection F, inserted "certified school" and substituted "revoked" for "cancelled". One need not be found guilty of felony to forfeit and be disqualified from office under the New Mexico constitution and Subsection D of this section. State ex rel. Martinez v. Padilla, 1980-NMSC-064, 94 N.M. 431, 612 P.2d 223. Forfeiture of office required for approval of violative expenditures. — Sale of gasoline to school district vehicles by school board member, purchase of airplane ticket for board member's wife and payment to board member and board member's wife for services not rendered are each a violation of this section and require the forfeiture of office of those members who approved the expenditures. State ex rel. Martinez v. Padilla, 1980-NMSC-064, 94 N.M. 431, 612 P.2d 223.