reglab/housing_qa huggingface dataset:
NM Stat § 6-21-23 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21 - Finance Authority|Section 6-21-23 - Prohibited actions.

The authority shall not: A. lend money or make a grant other than to a qualified entity; B. purchase securities other than from a qualified entity or other than for investment as provided in the New Mexico Finance Authority Act; C. lease a public project to any entity other than a qualified entity; except that the authority may lease a public project to any entity following termination of a lease of the public project to a qualified entity if leasing the public project to an entity other than a qualified entity is necessary to avoid forfeiture or impairment of the public project or a default on bonds whose payment is secured, in whole or in part, by the public project or by lease rentals from the public project; D. deal in securities within the meaning of or subject to any securities law, securities exchange law or securities dealers law of the United States or of the state or of any other state or jurisdiction, domestic or foreign, except as authorized in the New Mexico Finance Authority Act; E. issue bills of credit or accept deposits of money for time on demand deposit or administer trusts or engage in any form or manner, or in the conduct of, any private or commercial banking business, or act as a savings bank or savings and loan association or any other kind of financial institution except as authorized in the New Mexico Finance Authority Act; F. engage in any form of private or commercial banking business except as authorized in the New Mexico Finance Authority Act; G. lend money, issue bonds, including public-private partnership project bonds, or make a grant for the promotion of gaming or a gaming enterprise or for development of infrastructure for a gaming facility; or H. after December 31, 2005, except in case of an emergency, accept an application for financial assistance from a municipality, county or other covered entity for a water or wastewater project unless it is submitted with a water conservation plan or a water conservation plan is on file with the state engineer in accordance with the provisions of Section 3 [72-14-3.2 NMSA 1978] of this 2003 act. History: Laws 1992, ch. 61, § 23; 1995, ch. 141, § 20; 1996, ch. 75, § 2; 2001, ch. 294, § 8; 2003, ch. 138, § 4. ANNOTATIONSThe 2003 amendment, effective June 20, 2003, added Subsection H. The 2001 amendment, effective April 5, 2001, added the exception to Subsection C. The 1996 amendment, effective March 5, 1996, added Subsection G and made a stylistic change. The 1995 amendment, effective April 5, 1995, inserted "except as authorized in the New Mexico Finance Authority Act" in Subsections E and F.
NM Stat § 6-21-24 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21 - Finance Authority|Section 6-21-24 - Conflicts of interest; penalty.

A. If any member, officer or employee of the authority has an interest, either direct or indirect, in any contract to which the authority is or is to be a party, such interest shall be disclosed to the authority in writing and shall be set forth in the minutes of the authority. The member, officer or employee having such interest shall not participate in any action by the authority with respect to such contract. B. Any person who has a conflict of interest as defined in this section and participates in any transaction involving such conflict of interest or fails to notify the authority of such conflict is guilty of a misdemeanor and upon conviction shall be sentenced to imprisonment in the county jail for a definite term of less than one year or to the payment of a fine of not more than one thousand dollars ($1,000), or to both. History: Laws 1992, ch. 61, § 24.
NM Stat § 6-21-25 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21 - Finance Authority|Section 6-21-25 - Limitation of liability.

Neither any member of the authority nor any person acting in its behalf, while acting within the scope of his authority, shall be subject to any personal liability for any action taken or omitted within that scope of authority. History: Laws 1992, ch. 61, § 25.
NM Stat § 6-21-26 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21 - Finance Authority|Section 6-21-26 - Court proceedings; preference; venue.

Any action or proceeding to which the authority or the people of the state may be a party in which any question arises as to the validity of the New Mexico Finance Authority Act or project or transaction undertaken by the authority pursuant to that act shall be preferred over all other civil cases in all courts of the state and shall be heard and determined in preference to all other civil business pending therein irrespective of position on the calendar. The same preference shall be granted upon application of counsel to the authority in any action or proceeding seeking a judicial declaration of the validity of the New Mexico Finance Authority Act or any project or transaction undertaken by the authority pursuant to that act. The venue of any such action or proceeding or any other action or proceeding against the authority shall be in the county in which the principal office of the authority is located. History: Laws 1992, ch. 61, § 26; 2001, ch. 294, § 9. ANNOTATIONSThe 2001 amendment, effective April 5, 2001, added "or project or transaction undertaken by the authority pursuant to that act" after the first occurrence of "New Mexico Finance Authority Act"; substituted "seeking a judicial declaration of" for "questioning"; substituted "or any project or transaction undertaken by the authority pursuant to that act" for "in which he may be allowed to intervene" after the second occurrence of "New Mexico Finance Authority Act".
NM Stat § 6-21-27 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21 - Finance Authority|Section 6-21-27 - Cumulative authority.

The New Mexico Finance Authority Act shall be deemed to provide an additional and alternative method for the doing of things authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws and shall not be regarded as in derogation of any powers now existing; provided that the issuance of bonds under the provisions of the New Mexico Finance Authority Act need not comply with the requirements of any other law applicable to the issuance of bonds. History: Laws 1992, ch. 61, § 27.
NM Stat § 6-21-28 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21 - Finance Authority|Section 6-21-28 - Liberal interpretation.

The New Mexico Finance Authority Act, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect the purposes of that act. History: Laws 1992, ch. 61, § 28.
NM Stat § 6-21-29 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21 - Finance Authority|Section 6-21-29 - Severability.

If any part or application of the New Mexico Finance Authority Act is held invalid, the remainder or its application to other situations shall not be affected. History: Laws 1992, ch. 61, § 29.
NM Stat § 6-21-30 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21 - Finance Authority|Section 6-21-30 - New Mexico finance authority oversight committee.

There is created a joint interim legislative committee that shall be known as the "New Mexico finance authority oversight committee". The legislative council shall determine the membership of the committee and shall appoint the members and designate the chairman and the vice chairman in accordance with legislative council policies. The staff for the committee shall be provided by the legislative council service. History: Laws 1992, ch. 61, § 30. ANNOTATIONSCross references. — For powers and duties of the New Mexico finance authority oversight committee over the border authority, see 58-27-26 NMSA 1978.
NM Stat § 6-21-31 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21 - Finance Authority|Section 6-21-31 - Powers and duties.

The New Mexico finance authority oversight committee shall: A. monitor and oversee the operation of the New Mexico finance authority; B. meet on a regular basis to receive and review reports from the authority on implementation of the provisions of the New Mexico Finance Authority Act and to review and approve regulations proposed for adoption pursuant to that act; C. monitor and provide assistance and advice on the public project financing program of the New Mexico finance authority; D. oversee and monitor state and local government capital planning and financing and take testimony from state and local officials on state and local capital needs; E. provide advice and assistance to the New Mexico finance authority and cooperate with the executive branch of state government and local governments on planning, setting priorities for and financing of state and local capital projects; F. undertake an ongoing examination of the statutes, constitutional provisions, regulations and court decisions governing state and local government capital financing in New Mexico; and G. report its findings and recommendations, including recommended legislation or necessary changes, to the governor and to each session of the legislature. The report and proposed legislation shall be made available on or before December 15 each year. History: Laws 1992, ch. 61, § 31.
NM Stat § 6-21A-1 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21A - Drinking Water State Revolving Loan Fund|Section 6-21A-1 - Short title.

Sections 1 through 9 [6-21A-1 to 6-21A-9 NMSA 1978] of this act may be cited as the "Drinking Water State Revolving Loan Fund Act". History: Laws 1997, ch. 144, § 1. ANNOTATIONSCross references. — For state supplemental land and water conservation fund, see 16-1-2 NMSA 1978. For compliance with federal Safe Drinking Water Act, see 74-1-12 NMSA 1978.
NM Stat § 6-21A-2 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21A - Drinking Water State Revolving Loan Fund|Section 6-21A-2 - Purpose.

The purpose of the Drinking Water State Revolving Loan Fund Act is to provide local authorities in New Mexico with low-cost financial assistance in the construction and rehabilitation of necessary drinking water facilities through the creation of a self-sustaining revolving loan program so as to improve and protect drinking water quality and public health. History: Laws 1997, ch. 144, § 2.
NM Stat § 6-21A-3 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21A - Drinking Water State Revolving Loan Fund|Section 6-21A-3 - Definitions.

As used in the Drinking Water State Revolving Loan Fund Act: A. "authority" means the New Mexico finance authority; B. "department" means the department of environment; C. "drinking water facility construction project" means the acquisition, design, construction, improvement, expansion, repair or rehabilitation of all or part of any structure, facility or equipment necessary for a drinking water system or water supply system; D. "drinking water supply facility" means any structure, facility or equipment necessary for a drinking water system or water supply system; E. "financial assistance" means loans, the purchase or refinancing of debt obligation of a local authority at an interest rate that is less than or equal to the market interest rate in any case in which a debt obligation is incurred after July 1, 1993, loan guarantees, bond insurance or security for revenue bonds issued by the authority; F. "fund" means the drinking water state revolving loan fund; G. "local authority" means any municipality, county, incorporated county, sanitation district, water and sanitation district or any similar district, public or private water cooperative or association or any similar organization, public or private community water system or nonprofit noncommunity water system or any other agency created pursuant to a joint powers agreement acting on behalf of any entity listed in this subsection with a publicly owned drinking water system or water supply system that qualifies as a community water system or nonprofit noncommunity system as defined by the Safe Drinking Water Act. "Local authority" does not include systems owned by federal agencies; H. "operate and maintain" means to perform all necessary activities, including the replacement of equipment or appurtenances, to assure the dependable and economical function of a drinking water facility in accordance with its intended purpose; and I. "Safe Drinking Water Act" means the federal Safe Drinking Water Act as amended in 1996 and its subsequent amendments or successor provisions. History: Laws 1997, ch. 144, § 3; 2001, ch. 116, § 1. ANNOTATIONSCross references. — For the federal Safe Drinking Water Act, see 42 U.S.C.S. 300f et seq. The 2001 amendment, effective April 2, 2001, substituted "system" for "systems" at the end of Subsection C; in Subsection G, inserted "public or private" preceding "water cooperative" and inserted "public or private community water system or nonprofit noncommunity water system".
NM Stat § 6-21A-7 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21A - Drinking Water State Revolving Loan Fund|Section 6-21A-7 - Department duties; powers.

A. The department with the approval of the governor and as authorized in the intended use plan may transfer up to one-third of a wastewater facility construction loan fund capitalization grant to the drinking water state revolving loan fund; provided the Wastewater Facility Construction Loan Act [Chapter 74, Article 6A NMSA 1978] is amended to allow for such transfer. This provision is available one year after the receipt of the first full capitalization grant for the Drinking Water State Revolving Loan Fund Act and will expire with the capitalization grant of the year 2002. Before the department makes the transfer, the department shall: (1) outline the transfer in the applicable intended use plans for both the drinking water state revolving loan fund and the wastewater facility construction loan fund; and (2) report the intended transfer to the legislature. B. The department in the annual intended use plan shall certify to the United States environmental protection agency the progress made regarding operator certification and capacity development programs as they relate to the receipt of capitalization grants available from the environmental protection agency under the Safe Drinking Water Act. History: Laws 1997, ch. 144, § 7. ANNOTATIONSCross references. — For the federal Safe Drinking Water Act, see 42 U.S.C.S. 300f et seq.
NM Stat § 6-21A-9 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21A - Drinking Water State Revolving Loan Fund|Section 6-21A-9 - Agreement of the state not to limit or alter rights of obligees.

The state hereby pledges to and agrees with the holders of any bonds or other obligations issued under the Drinking Water State Revolving Loan Fund Act and with those parties that enter into contracts or agreements with the department or with the authority pursuant to the provisions of that act, that the state shall not limit, alter, restrict or impair any rights vested in the authority to fulfill the terms of agreements made with the holders of bonds or other obligations issued pursuant to the Drinking Water State Revolving Loan Fund Act and with the parties who may enter into contracts with a local authority, the department or the authority pursuant to the Drinking Water State Revolving Loan Fund Act, and that the state shall not limit, alter, restrict or impair the rights vested in a local authority or in the department or the authority to fulfill the terms of contracts made with the department or the authority and with parties who enter into contracts with such local authorities. The state further agrees that it shall not in any way impair the rights or remedies of the holders of such bonds or other obligations of such parties until such bonds and other obligations, together with interest thereon, with interest on any unpaid installment of interest and all costs and expense in connection with any action or proceeding by or on behalf of such holders, are fully met and discharged and such contracts are fully performed on the part of the authority, the department or the local authorities. Nothing in this subsection precludes such limitation or alteration if and when adequate provision is made by law for the protection of the holders of bonds or other obligations issued by the authority or those entering into such contracts with the authority, or the authority or the department under any contract with a local authority. The authority or the department may include this pledge and undertaking for the state in such bonds or other obligations and in such contracts. History: Laws 1997, ch. 144, § 9.
NM Stat § 6-21A-10 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21A - Drinking Water State Revolving Loan Fund|Section 6-21A-10 - County or municipal authority regarding the environment.

Nothing in the Drinking Water State Revolving Loan Fund Act limits or is intended to limit any state, county or municipal statute, ordinance or regulation regarding the environment or the protection of health and safety. History: Laws 1997, ch. 144, § 10.
NM Stat § 6-21B-1 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21B - General Services Aviation Equipment Project Fund|Section 6-21B-1 - General services aviation equipment project fund; purpose; administration.

A. The "general services aviation equipment project fund" is created in the state treasury. The fund shall be administered by the general services department and shall consist solely of money received by the general services department pursuant to a lease agreement between the general services department and the physical sciences laboratory of New Mexico state university. No money derived from property taxes, state general fund revenues or general appropriations shall be deposited in the fund. Money in the fund shall not revert to the general fund at the end of a fiscal year. B. Money in the general services aviation equipment project fund is appropriated for expenditure by the general services department for the purpose of repaying a loan or loans to purchase a research airplane and related equipment. C. The general services department is authorized to enter into loan agreements and loans payable from the general services aviation equipment project fund with the physical sciences laboratory of New Mexico state university and with the New Mexico finance authority on such terms and conditions deemed necessary or desirable by the general services department. D. Money in the general services aviation equipment project fund shall be expended only on warrants drawn by the secretary of finance and administration pursuant to vouchers signed by the secretary of general services or his authorized representative. E. The legislature shall not repeal, amend or otherwise modify any law that affects or impairs the deposit in the general services aviation equipment project fund until all loans payable from the fund are fully paid and discharged or provisions have been made for their full payment and discharge. History: Laws 1998, ch. 66, § 1.
NM Stat § 6-21C-1 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21C - State Building Bonding|Section 6-21C-1 - Short title.

Chapter 6, Article 21C NMSA 1978 may be cited as the "State Building Bonding Act". History: Laws 2001, ch. 199, § 1; 2003, ch. 371, § 1. ANNOTATIONSThe 2003 amendment, effective June 20, 2003, rewrote the section which read "Sections 1 through 11 of this act may be cited as the 'State Office Building Acquisition Bonding Act"'.
NM Stat § 6-21C-2 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21C - State Building Bonding|Section 6-21C-2 - Repealed.

ANNOTATIONSRepeals. — Laws 2003, ch. 371, § 13 repealed 6-21C-2 NMSA 1978, as enacted by Laws 2001, ch. 199, § 2, relating to findings and purpose, effective June 20, 2003. For provisions of former section, see the 2002 NMSA 1978 on NMOneSource.com.
NM Stat § 6-21C-2.1 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21C - State Building Bonding|Section 6-21C-2.1 - Findings and purpose.

A. The legislature finds that the expense of leasing office space for state occupancy has grown to the point that the state would be better served if more state-owned facilities were acquired. The legislature further finds that the state's overall occupancy costs could be reduced even after taking into account the payments necessary on bonds issued to acquire additional facilities and that, therefore, it is economically advantageous for the state to own additional office space and related facilities. Further, in anticipation of the state's future office space needs, the legislature finds it prudent to establish an office acquisition program. B. The legislature also finds that, in extreme circumstances, it is advantageous for the state to fund certain critical facilities to avoid the need for leasing or paying emergency rents. C. The purpose of the State Building Bonding Act is to acquire additional state office buildings and related facilities, or critical facilities located within the master planning jurisdiction of the capitol buildings planning commission, by issuing bonds paid for with distributions of gross receipts tax revenue that reflect a portion of the savings that will result from the conversion to more state-owned facilities. History: Laws 2004, ch. 123, § 1; 2005, ch. 320, § 2. ANNOTATIONSCompiler's notes. — Laws 2004, ch. 123, § 1 enacted this section as a new Section 6-21C-2 NMSA 1978, however, since that section was previously repealed, it was compiled as Section 6-21C-2.1 NMSA 1978. The 2005 amendment, effective June 17, 2005, provided in Subsection A that it is advantageous for the state to own related facilities; adds Subsection B to provide that it is advantageous for the state to fund critical facilities to avoid leasing or paying emergency rents; and provided in Subsection C that the purpose of the act is to acquire related facilities or critical facilities located within the master planning jurisdiction of the capitol buildings planning commission.
NM Stat § 6-21C-3 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 21C - State Building Bonding|Section 6-21C-3 - Definitions.

As used in the State Building Bonding Act: A. "acquiring" or "acquisition" includes acquiring or acquisition by purchase, construction or renovation; and B. "building bonds" means state office building tax revenue bonds. History: Laws 2001, ch. 199, § 3; 2003, ch. 371, § 2; 2004, ch. 123, § 2. ANNOTATIONSThe 2004 amendment, effective May 19, 2004, amended Subsection B to delete from the definition of "building bonds" "or state museum tax revenue bonds". Applicability. — Laws 2004, ch. 123, § 8 provided that: "Nothing in this act shall be deemed to impair state museum tax revenue bonds outstanding on the effective date of this act. For the purposes of the obligations incurred with respect to those bonds: A. the bonds shall be deemed to be "building bonds" pursuant to the provisions of the State Building Bonding Act; B. money in the state building bonding fund is pledged for the payment of principal and interest on those bonds to the same extent as the fund was pledged prior to the effective date of this 2004 act; and C. the state further pledges that any law authorizing the distribution of taxes or other revenues to the state building bonding fund or authorizing expenditures from the fund shall not be amended or repealed or otherwise modified so as to impair those bonds."