SENATE BILL 362
53rd legislature - STATE OF NEW MEXICO - first session, 2017
INTRODUCED BY
Carlos R. Cisneros
AN ACT
RELATING TO CAPITAL EXPENDITURES; REAUTHORIZING OR REAPPROPRIATING BALANCES, EXPANDING OR CHANGING PURPOSES, EXTENDING EXPENDITURE PERIODS, CHANGING AGENCIES AND ESTABLISHING CONDITIONS FOR THE REVERSION OF UNEXPENDED BALANCES OF APPROPRIATIONS MADE BY THE LEGISLATURE IN PRIOR YEARS; DECLARING AN EMERGENCY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. SEVERANCE TAX BONDS--REVERSION OF PROCEEDS.--
A. Except as otherwise provided in another section of this act:
(1) the unexpended balance from the proceeds of severance tax bonds issued for a project that has been reauthorized in this act shall revert to the severance tax bonding fund:
(a) at the end of the expenditure period as set forth in this act, if the expenditure period is changed in this act; or
(b) if the expenditure period is not changed in this act, pursuant to the time frame set forth in the law that originally authorized the severance tax bonds or the time frame set forth in any law that has previously reauthorized the expenditure of the proceeds, whichever is later; and
(2) all remaining balances from the proceeds of severance tax bonds issued for a project that has been reauthorized in this act shall revert to the severance tax bonding fund three months after the reversion date for the unexpended balances.
B. For the purpose of this section, "unexpended balance" means the remainder of an appropriation after reserving for unpaid costs and expenses covered by binding written obligations to third parties.
SECTION 2. GENERAL FUND AND OTHER FUND APPROPRIATIONS--REVERSIONS.--
A. Except as otherwise provided in another section of this act:
(1) the unexpended balance of an appropriation from the general fund or other state fund that has been changed in this act shall revert:
(a) at the end of the expenditure period as set forth in this act, if the expenditure period is changed in this act; or
(b) if the expenditure period is not changed in this act, pursuant to the time frame set forth in the law in which the original appropriation was made or the time frame set forth in any law that has previously changed the appropriation, whichever is later; and
(2) all remaining balances of an appropriation from the general fund or other state fund that has been changed in this act shall revert three months after the reversion date for the unexpended balance.
B. Except as provided in Subsection C of this section, the balance of an appropriation made from the general fund or other state fund shall revert pursuant to Subsection A of this section to the originating fund.
C. The balance of an appropriation made from the general fund or other state fund to the Indian affairs department or the aging and long-term services department for a project located on lands of an Indian nation, tribe or pueblo shall revert pursuant to Subsection A of this section to the tribal infrastructure project fund.
D. For the purpose of this section, "unexpended balance" means the remainder of an appropriation after reserving for unpaid costs and expenses covered by binding written obligations to third parties.
SECTION 3. NEW MEXICO INTERNATIONAL SCHOOL SECURITY SYSTEM--EXPAND PURPOSE--EXTEND TIME--SEVERANCE TAX BONDS.--The public education department project in Subsection 16 of Section 15 of Chapter 3 of Laws 2015 (1st S.S.) to plan and design a security system and upgrades at New Mexico international school in Albuquerque in Bernalillo county may include the purchase and installation of security cameras and equipment. The time of expenditure is extended through fiscal year 2019.
SECTION 4. TOOH HALTSOOI CHAPTER BUILDING DEMOLITION AND DISPOSAL--CHANGE TO METAL WAREHOUSE BUILDING--SEVERANCE TAX BONDS.--The unexpended balance of the appropriation to the Indian affairs department in Subsection 36 of Section 25 of Chapter 3 of Laws 2015 (1st S.S.) for demolition and disposal of abandoned buildings in the Tooh Haltsooi chapter of the Navajo Nation in San Juan county shall not be expended for the original purpose but is changed to plan, design, purchase and construct a metal warehouse building in that chapter.
SECTION 5. BERNALILLO WATER LINE ADDITION--CHANGE TO WELL 2 ARSENIC TREATMENT SYSTEM--SEVERANCE TAX BONDS.--The unexpended balance of the appropriation to the department of environment in Subsection 59 of Section 20 of Chapter 3 of Laws 2015 (1st S.S.) to acquire rights of way and to plan, design and construct a river crossing water line for Bernalillo in Sandoval county shall not be expended for the original purpose but is changed to purchase and install an arsenic treatment system for municipal drinking water well 2 in Bernalillo in Sandoval county.
SECTION 6. AGUA FRIA WATER BOARD OFFICE EQUIPMENT--CHANGE TO AGUA FRIA WATER SYSTEM CONSTRUCTION--CHANGE AGENCY--EXTEND TIME--SEVERANCE TAX BONDS.--The unexpended balance of the appropriation to the local government division in Subsection 205 of Section 28 of Chapter 3 of Laws 2015 (1st S.S.) to equip and furnish the building and to purchase and install information technology, including related equipment, furniture and infrastructure, at the Agua Fria association water board office building in Agua Fria in Santa Fe county shall not be expended for the original purpose but is appropriated to the department of environment to plan, design, construct and improve a water distribution system in Agua Fria in Santa Fe county. The time of expenditure is extended through fiscal year 2019.
SECTION 7. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.
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