HOUSE BILL 310

47th legislature - STATE OF NEW MEXICO - second session, 2006

INTRODUCED BY

Brian K. Moore

AN ACT

RELATING TO THE FIRE PROTECTION FUND; PROVIDING THAT BALANCES IN THE FUND SHALL NOT REVERT OR BE TRANSFERRED TO THE GENERAL FUND.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     Section 1. Section 59A-53-15 NMSA 1978 (being Laws 1984, Chapter 127, Section 986, as amended) is amended to read:

     "59A-53-15. APPROPRIATION FROM STATE TREASURY.--All money which from time to time is deposited in the state treasury and credited to the fire protection fund is appropriated to the [corporation] public regulation commission for the use of the marshal for the purposes set out in Chapter 59A, Article 53 NMSA 1978 and shall be distributed by the state treasurer and expended as provided in that article. [Hereafter, all sums in excess of one hundred thousand dollars ($100,000) for pro rata distribution plus seventy-five percent of the approved state fire marshal budget for the succeeding fiscal year plus the amount certified to be distributed as provided in that article shall be credited to the general fund on or before June 30 of each fiscal year] Unexpended or unencumbered balances remaining in the fire protection fund at the end of a fiscal year shall not revert or be transferred to the general fund."

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