reglab/housing_qa huggingface dataset:
NM Stat § 62-15-31 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 15 - Rural Electric Cooperatives|Section 62-15-31 - "Rural area," "person" and "member" defined.

A. "Rural area" means any area not included within the boundaries of any municipality having a population in excess of five thousand persons; provided that a municipality having a population of more than five thousand persons shall not cease to be included within the term "rural area" if at the time of the commencement of the cooperative's or its predecessor's operation therein the population of the municipality was less than five thousand persons and the municipality has been and continues to be served by a cooperative; provided, however, that the population of any municipality shall not be included in any rural area if said municipality has a municipally owned plant or other operating noncooperative utility; and, provided further, that any cooperative shall not be permitted to operate in any municipality without first having obtained a franchise from the governing authorities. B. "Person" includes any natural person, firm, association, corporation, business trust, partnership, federal agency, state or political subdivision or agency thereof or any body politic. C. "Member" means each incorporator of a cooperative and each person admitted to and retaining membership therein, and shall include a husband and wife admitted to a joint membership. History: Laws 1939, ch. 47, § 31; 1941 Comp., § 48-431; Laws 1945, ch. 9, § 1; 1947, ch. 182, § 1; 1953 Comp., § 45-4-31; Laws 1967, ch. 102, § 3.
NM Stat § 62-15-32 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 15 - Rural Electric Cooperatives|Section 62-15-32 - Construction of act; inconsistency.

The Rural Electric Cooperative Act shall be construed liberally. The enumeration of any object, purpose, power, manner, method or thing shall not be deemed to exclude like or similar objects, purposes, powers, manners, methods or things. Nothing contained in the Rural Electric Cooperative Act shall be construed, however, to conflict with any duty to which a cooperative is subject or with any benefit to which a cooperative is entitled under the Public Utility Act [Chapter 62, Articles 1 to 6 and 8 to 13 NMSA 1978]. In the event any provision of the Rural Electric Cooperative Act is held to be repugnant to any provision of the Public Utility Act or to a cooperative's inclusion as a public utility thereunder, the latter shall be controlling and the former shall be held repealed to the extent of the repugnancy. Nothing in the Public Utility Act shall be deemed to authorize interference with, abrogation or change of the rights or obligations of a party under a wholesale power supply agreement, mortgage or financing agreement to which a distribution cooperative utility is a party. History: Laws 1939, ch. 47, § 32; 1941 Comp., § 48-432; 1953 Comp., § 45-4-32; Laws 1967, ch. 102, § 4; 2003, ch. 336, § 7. ANNOTATIONSCompiler's notes. — Laws 1939, ch. 47, § 34 repealed Laws 1937, ch. 100, and provided that the former act, relating to electric membership corporations, shall continue in effect and be applicable to corporations formed under its provisions. For provisions applicable to electric membership corporations, see Laws 1937, ch. 100. For the Public Utility Act repealing repugnant provisions of Laws 1937, ch. 100, see 62-3-2C NMSA 1978 and this section. Cross references. — As to Public Utility Act repealing repugnant provisions of Rural Electric Cooperative Act, see 62-3-2C NMSA 1978. The 2003 amendment, effective June 20, 2003, deleted "as amended" or "as now or hereafter amended" following "the Rural Electric Cooperative Act" and "Public Utility Act" throughout the section and added the last sentence. Junior licensee not to interfere with existing system. — Laws 1937, ch. 100, § 10 means that any system of the junior licensee shall be constructed in such manner as not to materially or unreasonably interfere with any existing system. Hale v. Farmers Elec. Membership Corp., 1940-NMSC-009, 44 N.M. 131, 99 P.2d 454 (decided under former law). No liability if operating in skillful manner. — Where it was not apparent that electric membership corporation had constructed and operated its power line in other than a skillful manner in accordance with the best and most modern methods, it was not liable for inductive interference with use of telephone lines erected and in use many years prior to installation of rural electric power system. Hale v. Farmers Elec. Membership Corp., 1940-NMSC-009, 44 N.M. 131, 99 P.2d 454 (decided under former law).
NM Stat § 62-15-33 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 15 - Rural Electric Cooperatives|Section 62-15-33 - Conversion of corporations organized under Laws 1937, Chapter 100, into cooperatives under the Rural Electric Cooperative Act, as amended.

A corporation created under Laws 1937, Chapter 100 shall be converted into a cooperative authorized to do business and entitled to all privileges and immunities of a cooperative under the Rural Electric Cooperative Act, as amended, being Laws 1939, Chapter 47, as amended, upon the adoption of a resolution to such effect by its board of directors. History: 1953 Comp., § 45-4-33, enacted by Laws 1967, ch. 102, § 1. ANNOTATIONSCompiler's notes. — Laws 1939, ch. 47, § 34, repealed Laws 1937, ch. 100.
NM Stat § 62-15-36 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 15 - Rural Electric Cooperatives|Section 62-15-36 - Renewable energy and conservation fee.

A. A distribution cooperative may collect from its customers a renewable energy and conservation fee of no more than one percent of the customer's bill. In no event shall a distribution cooperative collect more than seventy-five thousand dollars ($75,000) annually through the renewable energy and conservation fee from any single customer. Money collected through the renewable energy and conservation fee shall be segregated in a separate renewable energy and conservation account from other distribution cooperative funds and shall be expended only on programs or projects to promote the use of renewable energy, load management or energy efficiency. A distribution cooperative that collects a renewable energy and conservation fee from its customers shall report to the public regulation commission by March 1 of the following year the following information: (1) the amount of money collected through the renewable energy and conservation fee in the previous calendar year; (2) the programs or projects on which the funds collected were expended; and (3) the determination of the distribution cooperative as to whether and in what amount to assess a renewable energy and conservation fee in the next calendar year. B. Each distribution cooperative that collects a renewable energy and conservation fee from its customers shall deduct from the fees paid to the state pursuant to Section 62-8-8 NMSA 1978 an amount equal to fifty percent of the amount of money collected through the renewable energy and conservation fee during the preceding calendar year. The money shall be included in the account with other money from the renewable energy and conservation fee and expended only on programs or projects to promote the use of renewable energy, load management or energy efficiency. History: Laws 2007, ch. 4, § 3. ANNOTATIONSEffective date. — Laws 2007, ch. 4, § 15 made Laws 2007, ch. 4, § 3 effective July 1, 2007.
NM Stat § 62-16-1 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16 - Renewable Energy Act|Section 62-16-1 - Short title.

Chapter 62, Article 16 NMSA 1978 may be cited as the "Renewable Energy Act". History: Laws 2004, ch. 65, § 1; 2007, ch. 4, § 5. ANNOTATIONSThe 2007 amendment, effective July 1, 2007, changed the reference from "this act" to Chapter 62, Article 16 NMSA 1978.
NM Stat § 62-16-2 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16 - Renewable Energy Act|Section 62-16-2 - Findings and purposes.

A. The legislature finds that: (1) the generation of electricity through the use of renewable energy presents opportunities to promote energy self-sufficiency, preserve the state's natural resources and pursue an improved environment in New Mexico; (2) the use of renewable energy by public utilities subject to commission oversight in accordance with the Renewable Energy Act can bring significant economic benefits to New Mexico; (3) public utilities should be required to include prescribed amounts of renewable energy in their electric energy supply portfolios for sales to retail customers in New Mexico by prescribed dates; (4) public utilities should be able to recover their reasonable costs incurred to procure or generate energy from renewable energy resources used to meet the requirements of the Renewable Energy Act; (5) a public utility should have incentives to go beyond the minimum requirements of the renewable portfolio standard; (6) public utilities should not be required to acquire energy generated from renewable energy resources that could result in costs above a reasonable cost threshold; and (7) it may serve the public interest for public utilities to participate in national or regional renewable energy trading. B. The purposes of the Renewable Energy Act are to: (1) prescribe the amounts of renewable energy resources that public utilities shall include in their electric energy supply portfolios for sales to retail customers in New Mexico by prescribed dates; (2) allow public utilities to recover costs through the rate-making process incurred for procuring or generating renewable energy used to comply with the prescribed amount; and (3) protect public utilities and their ratepayers from renewable energy costs that are above a reasonable cost threshold. History: Laws 2004, ch. 65, § 2; 2007, ch. 4, § 6. ANNOTATIONSThe 2007 amendment, effective July 1, 2007, added Paragraphs (5) and (7) of Subsection A.
NM Stat § 62-16-7 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16 - Renewable Energy Act|Section 62-16-7 - Commission; powers and duties; voluntary programs.

A. The commission:(1) shall adopt rules regarding the renewable portfolio standard, including a provision for public utility records and reports; and(2) may require that a public utility offer its retail customers a voluntary program for purchasing renewable energy that is in addition to electricity provided by the public utility pursuant to the renewable portfolio standard, under rates and terms that are approved by the commission. B. All renewable energy purchased by a retail customer through an approved voluntary program shall:(1) have all associated renewable energy certificates retired by the retail customer, or on that customer's behalf, by the public utility, and the certificates shall not be used to meet the public utility's renewable portfolio standard requirements pursuant to Subsection A of Section 62-16-4 NMSA 1978;(2) be excluded from the total retail sales to New Mexico customers used to determine the renewable portfolio standard requirements pursuant to Subsection A of Section 62-16-4 NMSA 1978; and(3) not be subject to charges by the public utility to recover costs of complying with the renewable portfolio standard requirements pursuant to Subsection A of Section 62-16-4 NMSA 1978.History: Laws 2004, ch. 65, § 7; 2019, ch. 65, § 32. ANNOTATIONSThe 2019 amendment, effective June 14, 2019, removed the renewable portfolio standard exemption for all-requirements electric supply contracts, and required that all renewable energy certificates associated with voluntary renewable energy purchase programs be retired by the public utility, be excluded from the total retail sales to New Mexico customers, and not be subject to charges by the public utility; in the section heading, deleted "additional" and added "voluntary programs"; added new subsection designation "A" and redesignated former Subsections A and B as Paragraphs A(1) and A(2), respectively; deleted former Subsection C, which related to a renewable portfolio standard exemption, and added a new Subsection B.
NM Stat § 62-16-8 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16 - Renewable Energy Act|Section 62-16-8 - Rural electric cooperative; voluntary tariffs.

A. The commission may require that a rural electric cooperative:(1) offer its retail customers a voluntary program for purchasing renewable energy under rates and terms that are approved by the commission; (2) report to the commission the demand for renewable energy pursuant to a voluntary program; and(3) comply with the requirements for the procurement of renewable energy set forth in the Rural Electric Cooperative Act.B. The commission shall establish and amend rules and regulations for the implementation of renewable portfolio standards consistent with the Rural Electric Cooperative Act. History: Laws 2004, ch. 65, § 8; 2007, ch. 4, § 11; 2019, ch. 65, § 33. ANNOTATIONSThe 2019 amendment, effective June 14, 2019, in Paragraph A(1), after "approved by the commission", deleted "but only to the extent that the cooperative's suppliers make renewable energy available under wholesale power contracts".The 2007 amendment, effective July 1, 2007, added Paragraph (3) of Subsection A and added Subsection B.
NM Stat § 62-16-9 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16 - Renewable Energy Act|Section 62-16-9 - Existing rules.

The commission shall promulgate rules to implement the provisions of the Renewable Energy Act. History: Laws 2004, ch. 65, § 9; 2019, ch. 65, § 34. ANNOTATIONSThe 2019 amendment, effective June 14, 2019, required the public regulation commission to promulgate rules to implement the provisions of the Renewable Energy Act; and after "shall", deleted "establish and amend" and added "promulgate", and after "rules", deleted "and regulations for the implementation of renewable portfolio standards consistent" and added "to implement the provisions of".
NM Stat § 62-16-10 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16 - Renewable Energy Act|Section 62-16-10 - Federal requirements.

Renewable energy procured or generated by a public utility to comply with a federal law, rule or regulation may be used to satisfy the required procurements of the Renewable Energy Act. History: Laws 2004, ch. 65, § 10; 2019, ch. 65, § 35. ANNOTATIONSThe 2019 amendment, effective June 14, 2019, allowed a public utility to use renewable energy procured or generated to comply with a federal law, rule or regulation to be used to satisfy the procurement requirements of the Renewable Energy Act; and after "generated by a public utility to", deleted "meet" and added "comply with", and after "federal", deleted "renewable portfolio standard" and added "law, rule or regulation".
NM Stat § 62-16A-1 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16A - New Mexico Renewable Energy Transmission Authority Act|Section 62-16A-1 - Short title.

Chapter 62, Article 16A NMSA 1978 may be cited as the "New Mexico Renewable Energy Transmission Authority Act". History: Laws 2007, ch. 3, § 1; 2011, ch. 33, § 1. ANNOTATIONSThe 2011 amendment, effective July 1, 2011, changed the statutory reference to the act to the chapter and article in the NMSA 1978.
NM Stat § 62-16A-2 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16A - New Mexico Renewable Energy Transmission Authority Act|Section 62-16A-2 - Definitions.

As used in the New Mexico Renewable Energy Transmission Authority Act: A. "acquire" means to obtain eligible facilities by lease, construction, reconstruction or purchase; B. "authority" means the New Mexico renewable energy transmission authority; C. "bonds" means renewable energy transmission bonds and includes notes, warrants, bonds, temporary bonds and anticipation notes issued by the authority; D. "eligible facilities" means facilities to be financed or acquired by the authority, in which, within one year after beginning the transmission or storage of any electricity, and thereafter, at least thirty percent of the electric energy, as estimated by the authority, originates from renewable energy sources; E. "facilities" means electric transmission and interconnected storage facilities and all related structures, properties and supporting infrastructure, including any interests therein; F. "finance" or "financing" means the lending of bond proceeds by the authority to a public utility or other private person for the purpose of planning, acquiring, operating and maintaining eligible facilities in whole or in part by that public utility or other private person; G. "project" means an undertaking by the authority to finance or plan, acquire, maintain and operate eligible facilities located in part or in whole within the state of New Mexico; H. "public utility" means a public electric utility regulated by the public regulation commission pursuant to the Public Utility Act [Chapter 62, Articles 1 to 6 and 8 to 13 NMSA 1978] and municipal utilities exempt from public regulation commission regulation pursuant to Section 62-6-4 NMSA 1978 that own or operate facilities; I. "renewable energy" means electric energy: (1) generated by use of low- or zero-emissions generation technology with substantial long-term production potential; and (2) generated by use of renewable energy resources that may include: (a) solar, wind, hydropower and geothermal resources; (b) fuel cells that are not fossil fueled; or (c) biomass resources, such as agriculture or animal waste, small diameter timber, salt cedar and other phreatophyte or woody vegetation removed from river basins or watersheds in New Mexico, landfill gas and anaerobically digested waste biomass; but (3) does not include electric energy generated by use of fossil fuel or nuclear energy; and J. "storage" means energy storage technologies that convert, store and return electricity to help alleviate disparities between electricity supply and demand, to facilitate the dispatching of electricity or to increase economic return on the sale of electricity. History: Laws 2007, ch. 3, § 2. ANNOTATIONSEffective date. — Laws 2007, ch. 3, § 19 made Laws 2007, ch. 3, § 2 effective July 1, 2007.
NM Stat § 62-16A-5 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16A - New Mexico Renewable Energy Transmission Authority Act|Section 62-16A-5 - Renewable energy transmission bonds; appropriation of proceeds.

A. The authority is authorized to issue and sell revenue bonds, known as "renewable energy transmission bonds", payable solely from the renewable energy transmission bonding fund, in compliance with the New Mexico Renewable Energy Transmission Authority Act, for the purpose of entering into a project when the authority determines that the project is needed. B. The net proceeds from the bonds are appropriated to the authority for the purpose of financing or acquiring eligible facilities. History: Laws 2007, ch. 3, § 5. ANNOTATIONSEffective date. — Laws 2007, ch. 3, § 19 made Laws 2007, ch. 3, § 5 effective July 1, 2007.
NM Stat § 62-16A-7 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16A - New Mexico Renewable Energy Transmission Authority Act|Section 62-16A-7 - Authority to refund bonds.

The authority may issue and sell at public or private sale bonds to refund outstanding renewable energy transmission bonds by exchange, immediate or prospective redemption, cancellation or escrow, including the escrow of debt service funds accumulated for payment of outstanding bonds, or any combination thereof, when, in its opinion, such action will be beneficial to the state. History: Laws 2007, ch. 3, § 7. ANNOTATIONSEffective date. — Laws 2007, ch. 3, § 19 made Laws 2007, ch. 3, § 7 effective July 1, 2007.
NM Stat § 62-16A-8 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16A - New Mexico Renewable Energy Transmission Authority Act|Section 62-16A-8 - Renewable energy transmission bonds; form; execution.

A. The authority, except as otherwise specifically provided in the New Mexico Renewable Energy Transmission Authority Act, shall determine at its discretion the terms, covenants and conditions of the bonds, including, but not limited to, date of issue, denominations, maturities, rate or rates of interest, call features, call premiums, registration, refundability and other covenants covering the general and technical aspects of the issuance of the bonds. B. The bonds shall be in such form as the authority may determine, and successive issues shall be identified by alphabetical, numerical or other proper series designation. C. Bonds shall be signed and attested by the executive director of the authority and shall be executed with the facsimile signature of the chair of the authority and the facsimile seal of the authority, except for bonds issued in book entry or similar form without the delivery of physical securities. Any interest coupons attached to the bonds shall bear the facsimile signature of the executive director of the authority, which officer, by the execution of the bonds, shall adopt as the executive director's own signature the facsimile thereof appearing on the coupons. Except for bonds issued in book entry or similar form without the delivery of physical securities, the Uniform Facsimile Signature of Public Officials Act [6-9-1 to 6-9-6 NMSA 1978] shall apply, and the authority shall determine the manual signature to be affixed on the bonds. History: Laws 2007, ch. 3, § 8. ANNOTATIONSEffective date. — Laws 2007, ch. 3, § 19 made Laws 2007, ch. 3, § 8 effective July 1, 2007.
NM Stat § 62-16A-9 (2021)
2021 New Mexico Statutes|Chapter 62 - Electric, Gas and Water Utilities|Article 16A - New Mexico Renewable Energy Transmission Authority Act|Section 62-16A-9 - Procedure for sale of renewable energy transmission bonds.

A. Bonds shall be sold by the authority at such times and in such manner as the authority may elect, either at private sale for a negotiated price or to the highest bidder at public sale for cash at par, above par or below par and accrued interest. B. In connection with any public sale of the bonds, the authority shall publish a notice of the time and place of sale in a newspaper of general circulation in the state and also in a recognized financial journal outside the state. The publication shall be made once each week for two consecutive weeks prior to the date fixed for such sale, the last publication to be two business days prior to the date of sale. The notice shall specify the amount, denomination, maturity and description of the bonds to be offered for sale and the place, day and hour at which sealed bids therefor shall be received. All bids, except those of the state, shall be accompanied by a deposit of two percent of the principal amount of the bonds. Deposits of unsuccessful bidders shall be returned upon rejection of the bid. At the time and place specified in such notice, the authority shall open the bids in public and shall award the bonds, or any part thereof, to the bidder or bidders offering the best price. The authority may reject any or all bids and readvertise. C. The authority may sell a bond issue, or any part thereof, to the state or to one or more investment bankers or institutional investors at private sale. History: Laws 2007, ch. 3, § 9; 2011, ch. 33, § 3. ANNOTATIONSThe 2011 amendment, effective July 1, 2011, authorized bonds to be sold at par, above par, or below par.