reglab/housing_qa huggingface dataset:
NM Stat § 6-24-28 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-28 - Internal auditor; appointment; duties.

A. The board, with the recommendation and assistance of the chief executive officer, shall employ an internal auditor. The internal auditor, who shall be an employee of the authority, shall be qualified by training and experience as an auditor and management analyst and have at least five years of auditing experience. The internal auditor shall take direction as needed from the chief executive officer and be accountable to the board. B. The internal auditor shall conduct and coordinate comprehensive audits for all aspects of the lottery, provide management analysis expertise and carry out any other duties specified by the board and by law. The internal auditor shall specifically: (1) conduct, or provide for through a competitive bid process, an annual financial audit and observation audits of drawings; (2) create an annual audit plan to be approved by the board; (3) search for means of better efficiency and cost savings and waste prevention; (4) examine the policy and procedure needs of the lottery and determine compliance; (5) ensure that proper internal controls exist; (6) perform audits that meet or exceed governmental audit standards; and (7) submit audit reports on a quarterly basis to the board, the chief executive officer, the state auditor and the legislative finance committee. C. The internal auditor shall conduct audits as needed in the areas of: (1) personnel security; (2) lottery retailer security; (3) lottery contractor security; (4) security of manufacturing operations of lottery contractors; (5) security against lottery ticket counterfeiting and alteration and other means of fraudulently winning; (6) security of drawings among entries or finalists; (7) computer security; (8) data communications security; (9) database security; (10) systems security; (11) lottery premises and warehouse security; (12) security in distribution; (13) security involving validation and payment procedures; (14) security involving unclaimed prizes; (15) security aspects applicable to each particular lottery game; (16) security of drawings in games whenever winners are determined by drawings; (17) the completeness of security against locating winners in lottery games with preprinted winners by persons involved in their production, storage, distribution, administration or sales; and (18) any other aspects of security applicable to any particular lottery game and to the lottery and its operations. D. Specific audit findings related to security invasion techniques are confidential and may be reported only to the chief executive officer or his designee, the board, the governor and the attorney general. History: Laws 1995, ch. 155, § 28; 2001, ch. 91, § 4. ANNOTATIONSThe 2001 amendment, effective April 2, 2001, deleted "the lottery oversight committee" following "the state auditor" in Subsection B(7).
NM Stat § 6-24-29 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-29 - Unlawfully influencing and fraud; penalties.

A. It is unlawful to knowingly: (1) influence the winning of a prize through the use of coercion, fraud, deception or tampering with lottery equipment or materials; (2) make a material false statement in any application for selection as a lottery retailer or any lottery vendor proposal or other proposal to conduct lottery activities or to make a material false entry in any book or record that is compiled or maintained or submitted pursuant to the provisions of the New Mexico Lottery Act; (3) obtain or attempt to obtain access to a computer database or information maintained by the authority without the specific written authorization of the authority; or (4) obtain or attempt to obtain access to a computer database or information maintained by a person pursuant to a contract with the authority without the specific written authorization of the authority. B. Any person who violates any provision of Subsection A of this section is guilty of a fourth degree felony and shall be sentenced pursuant to the provisions of Section 31-18-15 NMSA 1978. History: Laws 1995, ch. 155, § 29; 1999, ch. 287, § 3. ANNOTATIONSThe 1999 amendment, effective April 8, 1999, added Subsections A(3) and A(4).
NM Stat § 6-24-30 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-30 - Conflicts of interest; penalties.

A. It is unlawful for the chief executive officer, a board member or any employee of the authority or any person residing in the household of the officer, board member or employee to: (1) have, directly or indirectly, an interest in a business, knowing that such business contracts with the lottery for a major procurement, whether such interest is as a natural person, partner, member of an association, stockholder or director or officer of a corporation; or (2) accept or agree to accept any economic opportunity, gift, loan, gratuity, special discount, favor, service or hospitality having an aggregate value of more than twenty dollars ($20.00) in any calendar year, except for food and beverages consumed by the recipient at the time of receipt, from a person, knowing that the person: (a) contracts or seeks to contract with the state to supply gaming equipment, materials, lottery tickets or consulting services for use in the lottery; or (b) is a lottery retailer. B. It is unlawful for a lottery retailer or a lottery vendor to offer, pay, give or make any economic opportunity, gift, loan, gratuity, special discount, favor, service or hospitality having an aggregate value of more than twenty dollars ($20.00) in any calendar year, except food and beverages consumed by the recipient at the time of receipt, to a person, knowing the person is the chief executive officer, a board member or an employee of the authority, or a person residing in the household of the officer, board member or employee. C. Any person who violates any provision of this section is guilty of a misdemeanor and shall be sentenced pursuant to the provisions of Section 31-19-1 NMSA 1978. D. If a board member, the chief executive officer or an employee of the authority, or any person residing in the household thereof, is convicted of a violation of this section, that board member, chief executive officer or employee shall be removed from office or employment with the authority. History: Laws 1995, ch. 155, § 30; 1999, ch. 287, § 4. ANNOTATIONSThe 1999 amendment, effective April 8, 1999, deleted "other than food and beverages" following "service or hospitality" and inserted "except food and beverages consumed by the recipient at the time of receipt" in Subsections A(2) and B and substituted "more than twenty dollars ($20.00)" for "twenty dollars ($20.00) or less" in Subsection A(2).
NM Stat § 6-24-32 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-32 - Unlawful sale of lottery ticket; penalty.

A. It is unlawful for: (1) any person to sell a lottery ticket at a price other than that fixed by the authority pursuant to the New Mexico Lottery Act; (2) any person other than the authority or a lottery retailer to sell or resell any lottery ticket; and (3) any person to sell a lottery ticket to any person under eighteen years of age. B. Notwithstanding the provisions of Subsection A of this section, any person may make a gift of lottery tickets, and the authority or a lottery retailer may make a gift of lottery tickets for promotional purposes. C. Any person who violates any provision of this section for the first time is guilty of a misdemeanor and shall be sentenced pursuant to the provisions of Section 31-19-1 NMSA 1978. D. Any person who violates any provision of this section for a second or subsequent time is guilty of a fourth degree felony and shall be sentenced pursuant to the provisions of Section 31-18-15 NMSA 1978. History: Laws 1995, ch. 155, § 32.
NM Stat § 6-24-33 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-33 - Unlawful purchase of lottery ticket; penalty.

A. It is unlawful for the following persons to purchase a lottery ticket or to share knowingly in the lottery winnings of another person: (1) the chief executive officer, a board member or an employee of the authority; or (2) an owner, officer or employee of a lottery vendor or, in the case of a corporation, an owner of five percent or more of the corporate stock of a lottery vendor. B. Notwithstanding the provisions of Subsection A of this section, the chief executive officer may authorize in writing any employee of the authority and any employee of a lottery contractor to purchase a lottery ticket for the purposes of verifying the proper operation of the lottery with respect to security, systems operation and lottery retailer contract compliance. Any prize awarded as a result of such ticket purchase shall become the property of the authority and shall be added to the prize pools of subsequent lottery games. C. Nothing in this section shall prohibit lottery retailers or their employees from purchasing lottery tickets or from being paid a prize for a winning ticket. D. Certain classes of persons who, because of the unique nature of the supplies or services they provide for use directly in the operation of the lottery, may be prohibited, in accordance with rules adopted by the board, from participating in any lottery in which such supplies or services are used. E. Any person who violates any provision of this section for the first time is guilty of a misdemeanor and shall be sentenced pursuant to the provisions of Section 31-19-1 NMSA 1978. F. Any person who violates any provision of this section for a second or subsequent time is guilty of a fourth degree felony and shall be sentenced pursuant to the provisions of Section 31-18-15 NMSA 1978. History: Laws 1995, ch. 155, § 33; 2001, ch. 91, § 5. ANNOTATIONSThe 2001 amendment, effective April 2, 2001, deleted "a member of the lottery oversight committee" following "board member" in Subsection A(1).
NM Stat § 6-24-34 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 24 - New Mexico Lottery|Section 6-24-34 - Criminal provisions of act in addition to any existing Criminal Code provisions.

The criminal provisions of the New Mexico Lottery Act are not intended to and do not replace or preempt prosecution for Criminal Code [30-1-1 NMSA 1978] violations based on identical or similar conduct. History: Laws 1995, ch. 155, § 34. ANNOTATIONSCross references. — For criminal offenses related to gambling, see Chapter 30, Article 19 NMSA 1978. For the Gaming Control Act, see Chapter 60, Article 2E NMSA 1978 et seq.
NM Stat § 6-25-1 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 25 - Statewide Economic Development|Section 6-25-1 - Short title.

Chapter 6, Article 25 NMSA 1978 may be cited as the "Statewide Economic Development Finance Act". History: Laws 2003, ch. 349, § 1; 2005, ch. 103, § 1. ANNOTATIONSThe 2005 amendment, effective April 4, 2005, substituted "Chapter 6, Article 25 NMSA 1978" for "Sections 1 through 16 of this act".
NM Stat § 6-25-2 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 25 - Statewide Economic Development|Section 6-25-2 - Findings and purpose.

A. The legislature finds that: (1) it is important for government to promote, support and assist in developing a thriving economic base within the state; increase opportunities for gainful employment and improved living conditions; assist in promoting a balanced and productive economy; encourage the flow of private capital for investment in productive enterprises; and otherwise improve the prosperity, health and general welfare of the people of the state; (2) in order to attract and encourage established businesses to locate in New Mexico, to retain and expand existing New Mexico businesses and to provide an environment that supports new and emerging businesses within the state, New Mexico communities must be able to provide basic infrastructure and educational, cultural and recreational facilities that require substantial financial resources beyond those of many New Mexico communities; (3) other states have agencies dedicated to providing financing for economic development projects, which agencies work directly with the state, municipalities, counties and regional economic development agencies to provide the necessary financing related to retaining and attracting businesses and to provide financing to qualified nonprofit corporations that provide community housing, education, health care and cultural facilities; (4) it is necessary to provide coordinated planning and financing resources to address community and cultural infrastructure needs; and (5) the combined expertise and resources of the economic development department and the New Mexico finance authority should be used: (a) for the effective promotion of economic development within the state; (b) to increase the gainful employment of the citizens and decrease the cost of social services and unemployment compensation; (c) to increase the tax base of the state; and (d) to improve the prosperity, health and welfare of the people of the state. B. The purpose of the Statewide Economic Development Finance Act is to: (1) stimulate economic development with needed programs in the public interest that serve necessary and valid public purposes; and (2) provide one method of implementing the economic development assistance provisions of Subsection D of Article 9, Section 14 of the constitution of New Mexico for state projects. History: Laws 2003, ch. 349, § 2; 2005, ch. 103, § 2. ANNOTATIONSThe 2005 amendment, effective April 4, 2005, provided in Subsection B(2) that the purpose of the act is to provide one method of implementing the economic development assistance provisions of Article 9, Section 14 of the constitution of New Mexico for state projects.
NM Stat § 6-25-4 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 25 - Statewide Economic Development|Section 6-25-4 - Economic development department; additional powers.

Consistent with the provisions of the Statewide Economic Development Finance Act, the department may: A. acquire, whether by construction, purchase, gift or lease, and hold fee simple title to or other interest in any project; B. enter into a lease of property in connection with any project; C. sell, lease or otherwise dispose of any project; D. assign lease payments, rents and any other revenues derived from a project to the authority pursuant to leases, mortgages or indentures securing payment of the principal of, interest on and any other charges and expenses relating to project revenue bonds issued by the authority; E. make state in-lieu payments to a qualifying county, a school district and, if applicable, a qualifying municipality to offset the tax impact of a project; and F. coordinate with the authority: (1) for the authority's provision of staffing support and assistance in carrying out the department's responsibilities under the Statewide Economic Development Finance Act; and (2) to enter into memoranda of understanding or such other agreements as the department and authority determine to be appropriate for such purposes. History: Laws 2003, ch. 349, § 4; 2005, ch. 103, § 4. ANNOTATIONSThe 2005 amendment, effective April 4, 2005, deleted reference to "project property" in Subsections A, B and C and added the reference to project revenue bonds in Subsection D.
NM Stat § 6-25-5 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 25 - Statewide Economic Development|Section 6-25-5 - Additional duties of the economic development department and the New Mexico finance authority; opt-in agreements.

A. For the purpose of recommending projects to the authority for financing assistance, the department and the authority shall coordinate to: (1) survey potential eligible entities and projects and provide outreach services to local governments and eligible entities, for the purpose of identifying and recommending projects to the authority for financing assistance; (2) evaluate potential projects for suitability for financing assistance; (3) formulate recommendations of projects that are suitable for financing assistance; and (4) obtain input and information relevant to the establishment and implementation of criteria for evaluating potential projects. B. The department, with such staffing and other assistance from the authority as the department may request, shall propose to enter into opt-in agreements with counties, school districts and municipalities for the purpose of facilitating local government approvals necessary to permit projects to proceed. Opt-in agreements shall provide: (1) for project compliance with all applicable local land use regulations; (2) for payments in lieu of taxes to qualifying counties, school districts and, if applicable, qualifying municipalities to mitigate the tax impact of a project; (3) that financing assistance is conditioned upon compliance with: (a) all applicable ordinances, regulations and codes of a local government concerning planning, zoning and development permitting; and (b) such other requirements as the department and the county, school district and municipality may agree to include; (4) that the payments in lieu of taxes shall be distributed in a manner and in amounts calculated in accordance with the provisions of Section 6-25-14 NMSA 1978; and (5) that the county, school district or municipality reserves the right to withdraw from the agreement if it determines that the project subject to the agreement does not satisfy the requirements enumerated in the opt-in agreement. C. The department shall adopt rules for the exercise of its powers and responsibilities pursuant to the Statewide Economic Development Finance Act. History: Laws 2003, ch. 349, § 5; 2005, ch. 103, § 5. ANNOTATIONSThe 2005 amendment, effective April 4, 2005, deleted the qualification in Subsection A(4) that the department and the authority coordinate to obtain input and information from the authority and changed the statutory reference in Subsection B(4) to Section 6-25-14 NMSA 1978.
NM Stat § 6-25-6.1 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 25 - Statewide Economic Development|Section 6-25-6.1 - New Mexico finance authority; additional powers; federal new markets tax credit program.

In addition to other powers granted to the authority, the authority may form, operate, own or co-own one or more nonprofit or for-profit qualified community development entities for the purpose of participation in the federal new markets tax credit program, and pursuant to participation in the federal new markets tax credit program may: A. apply for and obtain one or more allocations of new markets tax credits; B. market and sell qualified equity investments; C. make qualified low-income community investments; and D. take all actions necessary or convenient to carry out the purposes of the qualified community development entity or to participate in the federal new markets tax credit program. History: Laws 2006, ch. 64, § 2. ANNOTATIONSCross references. — For the federal new markets tax credit, see 26 C.F.R. 1.45D and 26 U.S.C. 45D-1T. Effective dates. — Laws 2006, ch. 64 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective May 17, 2006, 90 days after adjournment of the legislature.
NM Stat § 6-25-8 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 25 - Statewide Economic Development|Section 6-25-8 - Leases of projects.

A. Prior to the department's lease of any project to an eligible entity, the authority shall determine: (1) the amount necessary in each year to pay the principal of and interest on project revenue bonds to be issued to finance the project; (2) the amount necessary to be paid each year into any reserve funds the authority establishes in connection with the retirement of the proposed project revenue bonds and the maintenance and repair of the project; and (3) unless the terms under which the project is to be leased provide that the lessee shall maintain the project and carry all proper insurance with respect to the project, the estimated cost of maintaining the project in good repair and keeping it properly insured. B. The determinations required by Subsection A of this section shall be set forth in the resolution under which the proposed project revenue bonds are to be issued; and prior to the issuance of the bonds, the department shall lease or sell the project to a lessee or purchaser pursuant to an agreement conditioned upon completion of the project and providing for payment to the department and assigned to the authority or a trustee, of such rentals or payments as will be sufficient to: (1) pay the principal of and interest on the bonds issued to finance the project; (2) build up and maintain any reserve established by the authority for the bonds; and (3) pay the costs of maintaining the project in good repair and keeping it properly insured, unless the lease obligates the lessee to pay for the maintenance and insurance of the project. History: Laws 2003, ch. 349, § 8; 2005, ch. 103, § 8. ANNOTATIONSThe 2005 amendment, effective April 4, 2005, changed "bonds" to "project revenue bonds" and "project property" to "project".
NM Stat § 6-25-9 (2021)
2021 New Mexico Statutes|Chapter 6 - Public Finances|Article 25 - Statewide Economic Development|Section 6-25-9 - Project revenue refunding bonds.

A. Outstanding project revenue bonds may be refunded by the authority by issuing its refunding bonds in such amounts as the authority may determine to refund all or a portion of the principal of the project revenue bonds, all interest on the bonds to the normal maturity date of such bonds or to selected prior redemption dates, any redemption premiums, any commission and all estimated costs incidental to the issuance of such bonds and to such refunding. The principal amount of project revenue refunding bonds may be equal to, less than or greater than the principal amount of the project revenue bonds to be refunded. Any such refunding may be effected whether the bonds to be refunded have matured or will thereafter mature, either by sale of the refunding bonds and the application of the proceeds for the payment of the bonds to be refunded, or by exchange of the refunding bonds for the bonds to be refunded; provided that the holders of any project revenue bonds to be refunded shall not be compelled without their consent to surrender their bonds for payment or exchange prior to the date on which they are payable or, if they are called for redemption, prior to the date on which they are by their terms subject to redemption. Project revenue refunding bonds shall be payable from the revenues out of which other project revenue bonds are payable or from the amounts derived from an escrow as provided in this section, including amounts derived from the investment of refunding bond proceeds and other legally available amounts, or from any combination of the foregoing sources, and may be secured in the manner that other project revenue bonds issued pursuant to the Statewide Economic Development Finance Act may be secured. B. Proceeds of project revenue refunding bonds shall either be applied immediately to the retirement of the project revenue bonds being refunded or placed in escrow in a commercial bank or trust company that possesses and is exercising trust powers. Notwithstanding any other provision of law, the escrowed proceeds may be invested in short-term or long-term securities. Except to the extent inconsistent with the express terms of the Statewide Economic Development Finance Act, the resolution of the authority pursuant to which the project revenue bonds to be refunded were issued, including any mortgage or trust indenture securing the bonds, shall govern the establishment of any escrow in connection with the refunding bonds and the investment or reinvestment of any escrowed proceeds. History: Laws 2003, ch. 349, § 9; 2005, ch. 103, § 9. ANNOTATIONSThe 2005 amendment, effective April 4, 2005, changed "bonds" to "project revenue bonds".