HOUSE BILL 598

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

INTRODUCED BY

Luciano “Lucky” Varela

AN ACT

RELATING TO PUBLIC FINANCE; ALLOWING FUND SOURCES TO APPEAR ON A WARRANT OR ITS SUPPORTING DOCUMENTATION.

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

     Section 1. Section 6-5-7 NMSA 1978 (being Laws 1957, Chapter 252, Section 8, as amended) is amended to read:

     "6-5-7. WARRANT OR DOCUMENTATION TO SHOW FUND FROM WHICH PAYMENT IS MADE--SETTLEMENT OF CLAIMS AGAINST STATE--ACCOUNT BETWEEN STATE AND TREASURY.--Every warrant issued or its supporting documentation shall contain [therein] the particular fund appropriated by law out of which [the same] it is to be paid. The [financial control] division shall settle all claims against the state payable by law out of the treasury and [shall] keep an account between the state and the treasurer."

.159490.1