reglab/housing_qa huggingface dataset:
NM Stat § 5-20-3 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 20 - Regional Air Center Special Economic District|Section 5-20-3 - Creation of a district.

A municipality and the county in which the municipality is located may agree to form a district:A. the initial boundaries of which lie within the jurisdiction of the municipality, the county or both;B. that includes an industrial air center composed of infrastructure associated with a former United States military base; andC. that consists of land and real property formerly associated with the former United States military base and other land and real property made part of the district. History: Laws 2019, ch. 13, § 3. ANNOTATIONSEffective dates. — Laws 2019, ch. 13 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 14, 2019, 90 days after the adjournment of the legislature.
NM Stat § 5-20-6 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 20 - Regional Air Center Special Economic District|Section 5-20-6 - Revenue bonds; exemption from taxation.

A. To effectuate the purposes of the district it governs, an authority may issue revenue bonds to:(1) encourage the location of commercial, research or industrial or other enterprises to a district; or(2) acquire, purchase, lease, construct or improve commercial, research or industrial sites or buildings or make other capital improvements, including the construction or maintenance of energy or pollution abatement or control facilities, as necessary.B. An authority may issue special facility revenue bonds backed by a long-term lease of the facility to finance a specific tenant facility.C. The bonds authorized by the Regional Air Center Special Economic District Act, the income from those bonds, mortgages or other security instruments executed as security for those bonds, lease agreements authorized by the Regional Air Center Special Economic District Act and revenue derived from a lease or sale by an authority are exempt from taxation by the state and its subdivisions.History: Laws 2019, ch. 13, § 6. ANNOTATIONSEffective dates. — Laws 2019, ch. 13 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 14, 2019, 90 days after the adjournment of the legislature.
NM Stat § 5-20-7 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 20 - Regional Air Center Special Economic District|Section 5-20-7 - Bonding authority.

A. A district may issue revenue bonds, the pledged revenue for which shall be fees, charges, lease payments, installment sale payments or other revenue sources by a project for any one or more of the purposes authorized by the Regional Air Center Special Economic District Act.B. A district may pledge irrevocably any or all of the revenue received by the district to the payment of the interest on and principal of revenue bonds for any of the purposes authorized in the Regional Air Center Special Economic District Act.C. Revenues in excess of the annual principal and interest due on revenue bonds secured by a pledge of revenue may be accumulated in a debt service reserve account. The district may appoint a commercial bank trust department to act as paying agent or trustee of the revenues and to administer the payment of principal of and interest on the bonds.D. Except as otherwise provided in the Regional Air Center Special Economic District Act, revenue bonds:(1) may have interest, principal value or any part thereof payable at intervals or at maturity as may be determined by the authority;(2) may be subject to a prior redemption at the district's option at a time and upon terms and conditions, with or without the payment of a premium, as determined by the authority;(3) may mature at any time not exceeding thirty years after the date of issuance;(4) may be serial in form and maturity, may consist of one bond payable at one time or in installments or may be in another form determined by the authority;(5) shall be sold for cash at, above or below par and at a price that results in a net effective interest rate that does not exceed the maximum permitted by the Public Securities Act and the Public Securities Short-Term Interest Rate Act [6-18-1 to 6-18-16 NMSA 1978]; and(6) may be sold at public or negotiated sale.E. At a regular or special meeting, the authority may adopt a resolution that:(1) declares the necessity for issuing revenue bonds;(2) authorizes the issuance of revenue bonds by an affirmative vote of a majority of all the members of the authority; and(3) designates the sources of revenues to be pledged to the repayment of the revenue bonds. History: Laws 2019, ch. 13, § 7. ANNOTATIONSEffective dates. — Laws 2019, ch. 13 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 14, 2019, 90 days after the adjournment of the legislature.
NM Stat § 5-20-9 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 20 - Regional Air Center Special Economic District|Section 5-20-9 - Bonds not obligation of the state.

Except as otherwise provided in the Regional Air Center Special Economic District Act, all bonds or other obligations issued pursuant to that act are payable solely from the revenues of the district that may be pledged to the payment of such obligations, and the bonds or other obligations shall not create an obligation, debt or liability of the state or any other of its political subdivisions. No breach of any pledge, obligation or agreement or a district shall impose a pecuniary liability or a charge upon the general credit or taxing power of the state or any other of its political subdivisions. History: Laws 2019, ch. 13, § 9. ANNOTATIONSEffective dates. — Laws 2019, ch. 13 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 14, 2019, 90 days after the adjournment of the legislature.
NM Stat § 5-20-10 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 20 - Regional Air Center Special Economic District|Section 5-20-10 - Dissolution.

The municipality and county that formed the district and any counties, municipalities, Indian nations, tribes or pueblos that have become part of the district may, by unanimous vote, agree to unwind and dissolve the district and dismiss the authority members if they find the district is not meeting the needs of the community in managing airport operations, creating jobs or fostering economic development. The assets and all debts and obligations of the district shall be transferred to and assumed by the county or municipality as set forth in the unwinding or dissolution agreement.History: Laws 2019, ch. 13, § 10. ANNOTATIONSEffective dates. — Laws 2019, ch. 13 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 14, 2019, 90 days after the adjournment of the legislature.
NM Stat § 6-1-2 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 1 - State Board of Finance|Section 6-1-2 - State board of finance; loans and grants of emergency funds.

If the state board of finance determines that an emergency exists that warrants such action, it may lend or grant to any state agency, board, commission, municipal corporation or other political subdivision organized under the laws of the state or any Indian nation, tribe or pueblo located in whole or in part in New Mexico that sum of money the board determines reasonable and appropriate from any funds appropriated to the board for use in meeting emergencies. As used in this section, "emergency" means an unforeseen occurrence or circumstance severely affecting the quality of government services and requiring the immediate expenditure of money that: A. is not within the available resources of the state agency, board, commission, municipal corporation or other political subdivision or the Indian nation, tribe or pueblo located in whole or in part in New Mexico as determined by the state board of finance; and B. if subject to appropriation, cannot reasonably await appropriation by the next regular session of the legislature. History: 1953 Comp., § 11-1-1.1, enacted by Laws 1959, ch. 139, § 1; 1973, ch. 92, § 1; 1997, ch. 5, § 1; 2005, ch. 48, § 1. ANNOTATIONSThe 2005 amendment, effective July 1, 2005, permitted the state board of finance in emergencies to loan or grant funds to any Indian nation, tribe or pueblo that is located in whole or in part in New Mexico. The 1997 amendment, effective March 10, 1997, added the definition of "emergency".
NM Stat § 6-1-3 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 1 - State Board of Finance|Section 6-1-3 - Loans of emergency funds; terms and conditions for repayment; security and interest.

The state board of finance may prescribe those terms and conditions it deems proper with respect to the repayment of any loan and the application of the proceeds of the loan, and it may require or waive security by way of the pledge of revenues or otherwise and may require or waive interest, as the board determines proper under the circumstances. History: 1953 Comp., § 11-1-1.2, enacted by Laws 1959, ch. 139, § 2; 1973, ch. 92, § 2.
NM Stat § 6-1-4 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 1 - State Board of Finance|Section 6-1-4 - Loans or grants obtained by political subdivisions; application of proceeds.

Any municipal corporation or other political subdivision obtaining a loan or grant shall apply the proceeds thereof only for the purposes stated by the state board of finance in its action approving the loan or grant. History: 1953 Comp., § 11-1-1.3, enacted by Laws 1959, ch. 139, § 3; 1973, ch. 92, § 3.
NM Stat § 6-1-5 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 1 - State Board of Finance|Section 6-1-5 - Repayment of loans; disposition of receipts; crediting emergency fund; deposit in general fund.

Any amount received by the state board of finance in repayment of any emergency loan shall be deposited by the board to the credit of the state board of finance emergency fund if the payment is received during the same fiscal year in which the loan was made. All payments made in any period subsequent to the close of the fiscal year in which the loan was made shall be deposited by the board in the general fund. History: 1953 Comp., § 11-1-1.4, enacted by Laws 1959, ch. 139, § 4; 1973, ch. 92, § 4.
NM Stat § 6-1-6 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 1 - State Board of Finance|Section 6-1-6 - [Separate accounts.]

Separate accounts shall be kept for every appropriation or fund, showing the date and manner of each payment made out of the funds provided by such appropriation, the name and address of each person, organization, corporation or association, to whom, and for what purpose paid. History: Laws 1923, ch. 48, § 3; C.S. 1929, § 134-503; 1941 Comp., § 7-105; 1953 Comp., § 11-1-6. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 81A C.J.S. States § 229.
NM Stat § 6-1-7 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 1 - State Board of Finance|Section 6-1-7 - Repealed.

History: Laws 1935, ch. 27, § 2; 1941 Comp., § 7-121; 1953 Comp., § 11-1-22; 1978 Comp., § 6-1-7, repealed by Laws 2004, ch. 73, § 1. ANNOTATIONSRepeals. — Laws 2004, ch. 73, § 1 repealed 6-1-7 NMSA 1978, as enacted by Laws 1935, ch. 27, § 2, relating to standards for and transfer of supplies and equipment, effective May 19, 2004. For provisions of former section, see the 2003 NMSA 1978 on NMOneSource.com.
NM Stat § 6-1-8 to 6-1-12 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 1 - State Board of Finance|Section 6-1-8 to 6-1-12 - Repealed.

ANNOTATIONSRepeals. — Laws 1987, ch. 339, § 1 repealed 6-1-8 to 6-1-10, 6-1-10.1, 6-1-10.2, 6-1-11, 6-1-12 NMSA 1978, as enacted by Laws 1981, ch. 265, §§ 1, 2, 4, 5 and as amended by Laws 1983, ch. 26, §§ 1 to 3, relating to the state cash manager, effective July 1, 1987. For present comparable provisions, see 6-1-1 to 6-1-7, 6-1-13 NMSA 1978.
NM Stat § 6-1-13 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 1 - State Board of Finance|Section 6-1-13 - Deposit accounts by state agencies; authorization by state treasurer.

A. A state agency may not open a new deposit account or deposit money in an existing deposit account unless it has submitted a request to the state treasurer in writing on forms prescribed by the state treasurer and received written authorization from the state treasurer for each such account. This section shall not constitute authority for agencies to open demand deposit accounts and shall not apply to deposits made pursuant to Section 6-10-35 NMSA 1978. On the effective date of this act, agency deposit accounts previously authorized shall be governed by the terms of this section. B. The state treasurer shall establish for each account those conditions and reports appropriate to that account including, without limitation, the period for which the account may be authorized. The provisions of this section shall not apply to investments made by the state treasurer or the state investment council. The state treasurer shall submit to the state board of finance on a quarterly basis a list of all accounts established pursuant to this section. C. As used in this section, "state agency" means the state of New Mexico or any of its branches, agencies, departments, boards, instrumentalities, or institutions other than state educational institutions designated by Article 12, Section 11 of the constitution of New Mexico. History: 1978 Comp., § 6-1-13, enacted by Laws 1987, ch. 339, § 2. ANNOTATIONSThe public school insurance authority is a state agency for purposes of complying with the reporting requirements under Subsection B. 1990 Op. Att'y Gen. No. 90-23. Retiree health care authority is a state agency for purposes of receiving authorization for the opening of a new deposit account under Subsection A. 1991 Op. Att'y Gen. No. 91-06.
NM Stat § 6-2-1 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 2 - Settling Accounts|Section 6-2-1 - Examination of parties; oath; compelling testimony.

The secretary of finance and administration or the director of the financial control division, whenever he may think it necessary to the proper settlement of any account, may examine the parties, witnesses and others on oath or affirmation, touching any matter material to be known in the settlement of such account, and for that purpose he may issue subpoenas and compel witnesses to attend before him and give evidence in the same manner as courts of law may do, and he is hereby authorized to administer all such oaths or affirmations. History: Laws 1851-1852, p. 170; C.L. 1865, ch. 102, § 13; C.L. 1884, § 1762; C.L. 1897, § 2592; Code 1915, § 5334; C.S. 1929, § 134-602; 1941 Comp., § 3-203; 1953 Comp., § 4-4-3; Laws 1957, ch. 252, § 9; 1983, ch. 301, § 9. ANNOTATIONSAuthority to compel production of certain affidavits. — Under this section, the state auditor (as this section is now amended, the secretary of finance and administration or the director of the financial control division) has the power to compel the heads of departments to produce the affidavit required under Section 10-1-6 NMSA 1978 before making payment to any person or persons employed who have not been residents of New Mexico for one year prior to their employment as state employees. 1951 Op. Att'y Gen. No. 51-5388. Am. Jur. 2d, A.L.R. and C.J.S. references. — 81A C.J.S. States § 121.
NM Stat § 6-3-1 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 3 - State Budgets|Section 6-3-1 - State agency defined.

State agency means any department, institution, board, bureau, commission, district or committee of government of the state of New Mexico and means every office or officer of any of the above. History: 1953 Comp., § 11-4-1.1, enacted by Laws 1957, ch. 253, § 1. ANNOTATIONSEleventh amendment immunity. — The university of New Mexico board of regents, medical school, medical school's admissions committee and two officials of that committee fell within the state's definition of agency for purposes of eleventh amendment immunity from plaintiff's claims for failure to admit her to the medical school. Buchwald v. Univ. of N.M. Sch. of Med., 159 F.3d 487 (10th Cir. N.M. 1998). New Mexico beef council. — The New Mexico beef council, created under Section 77-2A-3 NMSA 1978, is a commission or committee of government and falls within this definition of "state agency"; it, thus, is subject to the requirements of this article. 1987 Op. Att'y Gen. No. 87-44. The public school insurance authority is a state agency for purposes of the state budget laws. 1990 Op. Att'y Gen. No. 90-23.
NM Stat § 6-3-2 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 3 - State Budgets|Section 6-3-2 - Director of state budget division; qualifications.

The director of the state budget division shall be skilled in accountancy and auditing, familiar with the operation of educational and other state institutions, budgets and finances. The director shall be appointed by the secretary of finance and administration with the governor's consent. History: 1953 Comp., § 11-4-1.3, enacted by Laws 1957, ch. 253, § 3; 1977, ch. 247, § 123. ANNOTATIONSCross references. — For appointment of director, see 9-6-5 NMSA 1978.
NM Stat § 6-3-3 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 3 - State Budgets|Section 6-3-3 - State budget division; cooperation between state budget division and state agencies; assistance to state agencies.

There shall be full cooperation between the various state agencies and the state budget division. State agencies will give complete access to the division of their books and records if so requested. The budget division will lend assistance to any state agency in the preparation of its budget estimates. History: 1953 Comp., § 11-4-1.4, enacted by Laws 1957, ch. 253, § 4.
NM Stat § 6-3-4 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 3 - State Budgets|Section 6-3-4 - State budget division; cooperation with legislature and committees; to supply information to legislature and committees.

The state budget division shall cooperate fully with the legislature and legislative committees, and shall supply them with information relating to the budget requirements of all state departments and institutions. History: 1953 Comp., § 11-4-1.5, enacted by Laws 1957, ch. 253, § 5.
NM Stat § 6-3-5 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 3 - State Budgets|Section 6-3-5 - State budget division; research; surveys; reports.

The state budget division is hereby authorized to engage in research and to make administrative and organizational surveys of the executive or administrative departments, boards, institutions, commissions or agencies of the state government to determine whether the activities thereof are essential to good government and are being carried on in an economical and efficient manner and without duplication, for the purpose of determining the feasibility of improving the administration of the state government. Reports concerning the results of such research and surveys, together with recommendations, shall be made to the governor and the legislature. History: 1953 Comp., § 11-4-1.6, enacted by Laws 1957, ch. 253, § 6. ANNOTATIONSReduction of budgets not authorized. — This section, which authorizes the budget division to engage in research and to make surveys and provides that reports on the results of the research and surveys conducted by it, together with recommendations, shall be made to the governor and the legislature, gives no authority to reduce budgets. State ex rel. Lee v. Hartman, 1961-NMSC-171, 69 N.M. 419, 367 P.2d 918.
NM Stat § 6-3-6 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 3 - State Budgets|Section 6-3-6 - State budget division; periodic allotments.

A. The state budget division, subject to the approval of the secretary of finance and administration, is authorized to provide rules for the periodic allotment of funds that may be expended by any state agency. B. The expenditures of any state agency as defined in Section 6-3-1 NMSA 1978, for the first six-month period of each odd-numbered fiscal year shall be limited to one-half of the appropriation or approved budget, whichever is less, for that fiscal year. This restriction does not apply to those agencies whose operations are more efficiently measured by periods other than a fiscal year, including but not limited to the New Mexico legislative council, legislative committees, the intertribal ceremonial and the New Mexico state fair. Expenditures of the intertribal ceremonial office and the New Mexico state fair shall be governed by regulation of the department of finance and administration. The department of finance and administration may also allow expenditure of more than one-half of the appropriation or approved budget for those agencies planning major expenditures for capital outlay in the first six months of the fiscal year, which would result in over-expenditure of the first six-month allocation. C. Upon the direction of the secretary of finance and administration pursuant to Section 9-6-5.2 NMSA 1978, the state budget division shall temporarily withhold an allotment to a state agency or state institution that has failed to submit an audit report required by the Audit Act [12-6-1 to 12-6-14 NMSA 1978]. The amount withheld and the number of periodic allotments subject to the withholding shall be as directed by the secretary. History: 1953 Comp., § 11-4-1.7, enacted by Laws 1957, ch. 253, § 7; 1963, ch. 38, § 1; 1977, ch. 247, § 124; 2011, ch. 106, § 1. ANNOTATIONSCross references. — For penalty for violation of expenditure restrictions, see 6-3-8 NMSA 1978. The 2011 amendment, effective July 1, 2012, authorized the secretary of finance and administration to withhold allotments to state agencies and state institutions that have failed to submit audit reports required by the Audit Act. Governor not authorized to reduce periodic allotments. — This section does not by itself supply standards sufficient to authorize executive department regulation of the state treasury; thus, the governor could not reduce periodic allotments in anticipation of appropriation reductions by the legislature. State ex rel. Schwartz v. Johnson, 1995-NMSC-080, 120 N.M. 820, 907 P.2d 1001. Am. Jur. 2d, A.L.R. and C.J.S. references. — Liability for work done or materials furnished, etc., for state or federal governments in excess of appropriations, 19 A.L.R. 408.