HOUSE BILL 116

48th legislature - STATE OF NEW MEXICO - second session, 2008

INTRODUCED BY

James Roger Madalena

FOR THE INDIAN AFFAIRS COMMITTEE

AN ACT

RELATING TO TRANSPORTATION; MAKING AN APPROPRIATION TO THE TRIBAL INFRASTRUCTURE PROJECT FUND.

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

     Section 1. A new section of the Tribal Infrastructure Act is enacted to read:

     "[NEW MATERIAL] TRANSFERS FROM GENERAL FUND.--Annually by August 1, the secretary of finance and administration shall determine the revenue received from revenue-sharing agreements with Indian tribes pursuant to Indian gaming compacts during the previous fiscal year and shall transfer from the general fund an amount equal to ten percent of that revenue to the tribal infrastructure project fund. Funds transferred pursuant to this section shall be used only for transportation-related projects, including roads, bridges and maintenance facilities, equipment and operations."

     Section 2. TEMPORARY PROVISION--RECOMPILATION INSTRUCTION.--The compiler shall recompile Sections 9-21-17 through 9-21-24 NMSA 1978 (being Laws 2005, Chapter 146, Sections 1 through 7, as amended) as a part of Chapter 6, Article 29 NMSA 1978. 

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