reglab/housing_qa huggingface dataset:
NM Stat § 6-24-11 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-11 - Employees; conflict of interest; investigations; bonds.

A. No employee of the authority shall participate in any decision involving a lottery retailer with whom the employee has a financial interest. B. No employee of the authority who leaves the employment of the authority may represent any lottery vendor or lottery retailer before the authority for a period of two years following termination of employment with the authority. C. A background investigation shall be conducted on each applicant who has reached the final selection process prior to employment by the authority. The authority is authorized to pay for the actual cost of such investigations and may contract with the department of public safety for the performance of the investigations. D. The authority shall bond authority employees with access to authority funds or lottery revenue in an amount determined by the board and may bond other employees as deemed necessary. History: Laws 1995, ch. 155, § 11.
NM Stat § 6-24-13 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-13 - Determination of confidential information; applicability of Open Meetings Act; criminal investigations.

A. The authority is specifically authorized to determine which information relating to the operation of the lottery is confidential. Such information is limited to trade secrets and proprietary information; security measures, systems or procedures; security reports; information concerning bids or other contract data during the negotiation process, the disclosure of which would impair the efforts of the authority to contract for goods or services on favorable terms; and information obtained pursuant to investigations that would be protected from public disclosure under the Inspection of Public Records Act [Chapter 14, Article 2 NMSA 1978]. B. The authority is subject to the provisions of the Open Meetings Act [Chapter 10, Article 15 NMSA 1978]; provided that meetings or portions of meetings devoted to discussing information deemed to be confidential pursuant to Subsection A of this section are exempt from the provisions of that act. C. The authority or its authorized agent shall: (1) conduct criminal background investigations and credit investigations on all potential lottery retailers and all lottery vendors prior to the execution of any contract with a lottery retailer or a lottery vendor; (2) supervise ticket validation and lottery drawings; (3) inspect at times determined solely by the authority the facilities of any lottery vendor or lottery retailer in order to determine the integrity of the lottery vendor's product or the operations of the lottery retailer in order to determine whether the lottery vendor or the lottery retailer is in compliance with its contract; (4) report any suspected violations of the New Mexico Lottery Act to the appropriate district attorney, the attorney general or to any law enforcement agency having jurisdiction over the violation; and (5) upon request, provide assistance to any district attorney, the attorney general or a law enforcement agency investigating a violation of the New Mexico Lottery Act. History: Laws 1995, ch. 155, § 13.
NM Stat § 6-24-14 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-14 - Lottery retailers; contracts; sales commission; bonds.

A. Lottery tickets shall be sold only by a lottery retailer who, pursuant to a contract with the authority, has been issued a certificate of authority signed by the chief executive officer. The lottery retailer shall display the certificate conspicuously at each authorized location. No lottery retailer shall sell a lottery ticket except from the locations listed in his contract and as evidenced by his certificate of authority unless the authority authorizes in writing any temporary location not listed in his contract. B. Before entering into a contract with a lottery retailer applicant, the chief executive officer shall consider: (1) the financial responsibility and security of the applicant and his business or activity; (2) the accessibility of his place of business or activity to the public; and (3) the sufficiency of existing licenses to serve the public convenience and the volume of the expected sales. C. No person shall be a lottery retailer who: (1) is under eighteen years of age; (2) is engaged exclusively in the business of selling lottery tickets; (3) is a lottery vendor or an employee or agent of any lottery vendor doing business in New Mexico; (4) has been found to have violated any provisions of the New Mexico Lottery Act or any rule adopted by the board pursuant to that act; or (5) fails to certify to the chief executive officer that his premises are in compliance with the federal Americans with Disabilities Act of 1990. D. All lottery retailer contracts may be renewable annually in the discretion of the authority unless sooner terminated. E. The authority to act as a lottery retailer is not assignable or transferable. F. Lottery retailer applicants shall pay an application fee established by the board to cover the cost of investigating and processing the application. G. The board shall determine the commission to be paid lottery retailers for their sales of lottery tickets. H. Each lottery retailer shall keep a complete and current set of records accounting for all of his sales of lottery tickets and shall provide it for inspection upon request of the board, the chief executive officer, the legislative finance committee or the attorney general. I. Lottery retailers shall make payments to the lottery only by check, bankdraft, electronic fund transfer or other recorded, noncash financial transfer method as determined by the chief executive officer. J. No lottery retailer shall contract with any person for lottery goods or services except with the approval of the board. History: Laws 1995, ch. 155, § 14. ANNOTATIONSCross references. — For provisions regarding the deduction of lottery game receipts from gross receipts, see 7-9-87 NMSA 1978. For the federal Americans with Disabilities Act, see 42 U.S.C.S. § 12101 et seq.
NM Stat § 6-24-15 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-15 - Lottery tickets; sales.

A. The price of each lottery ticket shall be clearly stated on the ticket. No person shall sell a ticket at a price other than at the price established by the authority unless authorized in writing by the chief executive officer. No person other than a lottery retailer shall sell lottery tickets, but this subsection shall not be construed to prevent a person who may lawfully purchase tickets from making a gift of lottery tickets. Transactions between individuals on a nonprofit basis are permissible. Nothing in the New Mexico Lottery Act shall be construed to prohibit the authority from designating certain of its agents or employees to sell or give lottery tickets directly to the public. B. Lottery tickets may be given by merchants as a means of promoting goods or services to customers or prospective customers. C. Tickets shall not be sold to or purchased by individuals under eighteen years of age. Persons under eighteen years of age may receive lottery tickets as gifts. D. Tickets may be purchased only with cash or a check and shall not be purchased on credit. E. The names of elected officials shall not appear on any lottery ticket. History: Laws 1995, ch. 155, § 15.
NM Stat § 6-24-16 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-16 - Termination of lottery retailer contracts.

A. Any lottery retailer contract executed by the authority pursuant to the New Mexico Lottery Act shall specify the reasons for which a contract may be terminated by the authority, which reasons shall include but not be limited to: (1) a violation of the New Mexico Lottery Act or any rule, policy or procedure of the board adopted pursuant to that act; (2) failure to accurately or timely account for lottery tickets, lottery games, revenues or prizes as required by the authority; (3) commission of any fraud, deceit or misrepresentation; (4) failure to achieve sales goals established by the lottery; (5) conduct prejudicial to public confidence in the lottery; (6) the lottery retailer's filing for or being placed in bankruptcy or receivership; (7) any material change as determined in the sole discretion of the authority in any matter considered by the authority in executing the contract with the lottery retailer; and (8) failure to meet any of the objective criteria established by the authority pursuant to the New Mexico Lottery Act. B. The chief executive officer may terminate a contract with a lottery retailer for violations or actions that according to the terms of the contract, pursuant to Subsection A of this section, require termination. History: Laws 1995, ch. 155, § 16.
NM Stat § 6-24-17 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-17 - Disclosure of odds.

The authority shall make adequate disclosure of the odds with respect to each lottery game by stating the odds in lottery game advertisements or by posting the odds at each place in which lottery tickets are sold. History: Laws 1995, ch. 155, § 17.
NM Stat § 6-24-18 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-18 - Felony and gambling-related convictions; ineligibility for lottery positions.

No person who has been convicted of a felony or a gambling-related offense under federal law or the law of any state may be a board member, chief executive officer, officer or employee of the authority, lottery vendor or lottery retailer. Prior to appointment as a board member, chief executive officer or other officer or employee, a person shall submit to the board a full set of fingerprints made at a law enforcement agency by an agent or officer of such agency on forms supplied by the authority. The executive vice president for security may require a lottery retailer to submit fingerprints prior to completing a contract. History: Laws 1995, ch. 155, § 18.
NM Stat § 6-24-19 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-19 - Procurement; competitive proposals.

The authority shall enter into a contract for a procurement after evaluating competitive proposals and shall not design requests for proposals to provide only for sole source contracts. The authority shall conduct its own procurement, but the authority shall conduct all procurement in accordance with the Procurement Code [13-1-28 to 13-1-199 NMSA 1978]. In all procurement decisions, the authority shall take into account the particularly sensitive nature of the lottery and shall act to promote and ensure security, honesty, fairness and integrity in the operation and administration of the lottery and the objectives of raising revenue for the public purposes of the New Mexico Lottery Act. Procurements shall not be artificially divided to reduce the cost of the procurement below the procurement thresholds provided in the Procurement Code. History: Laws 1995, ch. 155, § 19; 2007, ch. 72, § 4. ANNOTATIONSThe 2007 amendment, effective July 1, 2007, required the authority to comply with the Procurement Code.
NM Stat § 6-24-21 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-21 - Drawings for and payment of prizes; unclaimed prizes; applicability of taxation.

A. All lottery prize drawings shall be open to the public. If the prior written approval of the chief executive officer and the executive vice president for security are obtained, the selection of winning entries may be performed by an employee of the lottery. A member of the board shall not perform the selection of a winning entry. Drawings for a prize of more than five thousand dollars ($5,000) shall be conducted and videotaped by the security division and witnessed by the internal auditor of the authority or his designee. Promotional drawings for a prize of less than five thousand dollars ($5,000) are exempt from the requirements of this subsection if prior written approval is given by the chief executive officer and the executive vice president for security. All lottery drawing equipment used in public drawings to select winning numbers or entries or participants for prizes shall be examined and tested by the chief executive officer's staff and the internal auditor of the authority or his designee prior to and after each public drawing. B. Any lottery prize is subject to applicable state taxes. The authority shall report to the state and federal taxing authorities any lottery prize exceeding six hundred dollars ($600). C. The authority shall adopt rules, policies and procedures to conduct fair and equitable drawings and establish a system of verifying the validity of tickets claimed to win prizes and to effect payment of such prizes, provided: (1) no prize shall be paid upon a ticket purchased or sold in violation of the New Mexico Lottery Act. Any such prize shall constitute an unclaimed prize for purposes of this section; (2) the authority is discharged from all liability upon payment of a prize; (3) the board may by rule provide for the payment of prizes by lottery retailers, whether or not the lottery retailer sold the winning ticket, whenever the amount of the prize is less than an amount set by board rule. Payment shall not be made directly to a player by a machine or a mechanical or electronic device; (4) prizes not claimed within the time period established by the authority are forfeited and shall be paid into the prize fund. No interest is due on a prize when a claim is delayed; (5) the right to a prize is not assignable, but prizes may be paid to a deceased winner's estate or to a person designated by judicial order; (6) until a signature or mark is placed on a ticket in the area designated for signature, a ticket is owned by the bearer of the ticket, but after a signature or mark is placed on a ticket in the area designated for signature, a ticket is owned by the person whose signature or mark appears, and that person is entitled to any prize attributable to the owner; and (7) the authority is not responsible for lost or stolen tickets. History: Laws 1995, ch. 155, § 21; 1999, ch. 287, § 2. ANNOTATIONSThe 1999 amendment, effective April 8, 1999, rewrote Subsection A and added Subsections C(6) and C(7).
NM Stat § 6-24-23 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-23 - Recompiled.

History: Laws 1995, ch. 155, § 23; 1997, ch. 106, § 1; 2001, ch. 300, § 2; recompiled and amended as § 21-21N-5 by Laws 2014, ch. 80, § 5.ANNOTATIONSRecompilations. — Laws 2014, ch. 80, § 5 recompiled and amended former 6-24-23 NMSA 1978 as 21-21N-5 NMSA 1978, effective March 12, 2014.
NM Stat § 6-24-24 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-24 - Disposition of revenue.

A. As nearly as practical, an amount equal to at least fifty percent of the gross annual revenue from the sale of lottery tickets shall be returned to the public in the form of lottery prizes. B. No later than the last business day of each month, the authority shall transmit at least twenty-seven percent of the gross revenue of the previous month until December 31, 2008 and at least thirty percent of the gross revenue of the previous month thereafter to the state treasurer, who shall deposit it in the lottery tuition fund. C. Operating expenses of the lottery include all costs incurred in the operation and administration of the lottery and all costs resulting from any contracts entered into for the purchase or lease of goods or services required by the lottery, including the costs of supplies, materials, tickets, independent audit services, independent studies, data transmission, advertising, promotion, incentives, public relations, communications, commissions paid to lottery retailers, printing, distribution of tickets, purchases of annuities or investments to be used to pay future installments of winning lottery tickets, debt service and payment of any revenue bonds issued, contingency reserves, transfers to the reserve fund and any other necessary costs incurred in carrying out the provisions of the New Mexico Lottery Act. History: Laws 1995, ch. 155, § 24; 2000, ch. 52, § 1; 2001, ch. 300, § 3; 2007, ch. 72, § 5. ANNOTATIONSThe 2007 amendment, effective July 1, 2007, required the authority to transfer at least twenty-seven percent of monthly gross revenues to the lottery tuition fund until December 31, 2008 and thereafter to transfer at least thirty percent of monthly gross revenues and deleted the transfer of balances to the lottery tuition fund. The 2001 amendment, effective June 15, 2001, in Subsection B, after "who shall deposit", substituted "them" for "fifty percent of the revenues in the public school capital outlay fund for expenditure pursuant to the provisions of the Public School Capital Outlay Act and fifty percent". The 2000 amendment, effective July 1, 2000, in Subsection B, changed percentages for the deposits of net revenue from sixty to fifty percent for the public school capital outlay fund and from forty to fifty percent for the lottery tuition fund.
NM Stat § 6-24-25 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-25 - Prohibition on use of state funds.

The authority shall be self-sustaining and self-funded. No appropriations, loans or other transfer of state funds shall be made to the authority or used or obligated to pay the expenses of the authority or lottery prizes. No claim for the payment of any lottery expense or lottery prize shall be made against any money other than money credited to the authority. History: Laws 1995, ch. 155, § 25.
NM Stat § 6-24-26 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-26 - Authorization to issue revenue bonds.

A. In order to provide funds for the initial development and operation of the lottery, the board is authorized to issue lottery revenue bonds in an amount not to exceed three million dollars ($3,000,000) payable solely from revenues of the authority generated from operation of the lottery. B. The board may issue bonds to refund other bonds issued pursuant to this section. C. The bonds shall have a maturity of no more than five years from the date of issuance. The board shall determine all other terms, covenants and conditions of the bonds; provided, however, that the bonds may provide for prepayment in part or in full of the balance due at any time without penalty. D. The bonds shall be executed with the manual or facsimile signature of the chief executive officer or the chairman of the board and attested by another member of the board. The bonds may bear the seal, if any, of the authority. E. The proceeds of the bonds and the earnings on those proceeds are appropriated to the authority for the initial development and operation of the lottery, to pay expenses incurred in the preparation, issuance and sale of the bonds, to pay any obligations relating to the bonds and the proceeds of the bonds under the Internal Revenue Code of 1986 and for any other lawful purpose. F. The bonds may be sold either at a public sale or at a private sale to the state investment officer or to the state treasurer. If the bonds are sold at a public sale, the notice of sale and other procedures for the sale shall be determined by the chief executive officer or the board. G. This section is full authority for the issuance and sale of the bonds, and the bonds shall not be invalid for any irregularity or defect in the proceedings for their issuance and sale and shall be incontestable in the hands of bona fide purchasers or holders of the bonds for value. H. An amount of money from the sources specified in Subsection A of this section sufficient to pay the principal of and interest on the bonds as they become due in each year shall be set aside, and is hereby pledged, for the payment of the principal and interest on the bonds. I. The bonds shall be legal investments for any person or board charged with the investment of public funds and may be accepted as security for any deposit of public money, and the bonds and interest thereon are exempt from taxation by the state and any political subdivision or agency of the state. J. The bonds shall be payable by the authority, which shall keep a complete record relating to the payment of the bonds. History: Laws 1995, ch. 155, § 26. ANNOTATIONSCross references. — For investment of the severance tax permanent fund in New Mexico lottery revenue bonds, see 7-27-5.21 NMSA 1978. For the Internal Revenue Code of 1986, see 26 U.S.C.S. § 1 et seq.
NM Stat § 6-24-27 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-27 - Revenue and budget reports; records; independent audits.

A. The board shall: (1) submit quarterly and annual reports to the governor and the legislative finance committee disclosing the total lottery revenue, prizes, commissions, ticket costs, operating expenses and other revenue of the authority during the reporting period and, in the annual report, describe the organizational structure of the authority and summarize the functions performed by each organizational division within the authority; (2) maintain weekly or more frequent records of lottery transactions, including the distribution of lottery tickets to retailers, revenue received, claims for prizes, prizes paid, prizes forfeited and other financial transactions of the authority; and (3) use the state government fiscal year. B. The board shall provide, for informational purposes, to the department of finance and administration and the legislative finance committee, by December 1 of each year, a copy of the annual proposed operating budget for the authority for the succeeding fiscal year. This budget proposal shall also be accompanied by an estimate of the revenue to be deposited in the lottery tuition fund for the current and succeeding fiscal years. C. The board shall contract with an independent certified public accountant or firm for an annual financial audit of the authority. The certified public accountant or firm shall have no financial interest in any lottery contractor. The certified public accountant or firm shall present an audit report no later than March 1 for the prior fiscal year. The certified public accountant or firm shall evaluate the internal auditing controls in effect during the audit period. The cost of this financial audit shall be an operating expense of the authority. The legislative finance committee may, at any time, order an audit of any phase of the operations of the authority, at the expense of the authority, and shall receive a copy of the annual independent financial audit. A copy of any audit performed by the certified public accountant or ordered by the legislative finance committee shall be transmitted to the governor, the speaker of the house of representatives, the president pro tempore of the senate, the legislative finance committee and the legislative council service library. History: Laws 1995, ch. 155, § 27; 2001, ch. 91, § 3; 2007, ch. 72, § 6. ANNOTATIONSThe 2007 amendment, effective July 1, 2007, deleted the provision that required the annual proposed operating budget include an estimate of the amount to be deposited in the public school capital outlay fund and required a copy of the audit to be filed in the legislative council service library. The 2001 amendment, effective April 2, 2001, deleted "and lottery oversight committee" following "legislative finance committee" in Subsection A(1) and from the end of Subsection B.