AN ACT

RELATING TO FINANCE; REVOKING LEGISLATIVE AUTHORIZATION TO THE NEW MEXICO FINANCE AUTHORITY TO MAKE LOANS FROM THE PUBLIC PROJECT REVOLVING FUND FOR CERTAIN PUBLIC PROJECTS; DECLARING AN EMERGENCY.



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

Section 1. PUBLIC PROJECT REVOLVING FUND--REVOCATION OF LEGISLATIVE AUTHORIZATION.--The legislative authorization granted to the New Mexico finance authority, pursuant to the provisions of Section 6-21-6 NMSA 1978, to make loans from the public project revolving fund is revoked with respect to the following qualified entities for the specified public projects:

A. the village of Angel Fire for a wastewater facility project as specified in Subsection O of Section 1 of Chapter 187 of Laws 1995;

B. the city of Alamogordo for a water project as specified in Subsection A of Section 1 of Chapter 72 of Laws 1998;

C. the Alamogordo public schools for a computer software project as specified in Subsection C of Section 1 of Chapter 18 of Laws 2000;

D. Chaves county for an administration building project as specified in Subsection O of Section 1 of Chapter 68 of Laws 1999;

E. the city of Clovis for a manufacturing facility project as specified in Subsection B of Section 1 of Chapter 166 of Laws 1997;

F. the village of Cuba for a courthouse project as specified in Subsection R of Section 1 of Chapter 72 of Laws 1998;

G. the Edgewood water cooperative for a water project and refinancing a water project as specified in Subsection W of Section 1 of Chapter 72 of Laws 1998;

H. the city of Farmington for a water project as specified in Subsection AA of Section 1 of Chapter 72 of Laws 1998;

I. the city of Las Vegas for a westside water project as specified in Subsection FFFFF of Section 1 of Chapter 68 of Laws 1999;

J. the city of Las Vegas for a computer system acquisition project as specified in Subsection NN of Section 1 of Chapter 72 of Laws 1998;

K. the city of Las Vegas for a wastewater project as specified in Subsection LLL of Section 1 of Chapter 18 of Laws 2000;

L. Los Alamos county for a recreation project as specified in Subsection AAA of Section 1 of Chapter 68 of Laws 1999;

M. the village of Los Lunas for a wastewater and street improvement project as specified in Subsection RR of Section 1 of Chapter 72 of Laws 1998;

N. the village of Magdalena for an airport facility project as specified in Subsection P of Section 1 of Chapter 166 of Laws 1997;

O. McKinley county for a multipurpose recreational facility project as specified in Subsection F of Section 1 of Chapter 166 of Laws 1997;

P. the town of Mountainair for a wastewater project as specified in Subsection DDDDDD of Section 1 of Chapter 18 of Laws 2000;

Q. the village of Roy for a water system project as specified in Subsection G of Section 1 of Chapter 187 of Laws 1995;

R. the village of Roy for a solid waste project as specified in Subsection Q of Section 1 of Chapter 8 of Laws 1996 (S.S.);

S. the Sangre de Cristo solid waste authority for a regional solid waste disposal project as specified in Subsection T of Section 1 of Chapter 187 of Laws 1995;

T. the city of Santa Rosa for a parks and recreation project as specified in Subsection EEEE of Section 1 of Chapter 68 of Laws 1999;

U. the city of Santa Rosa for a solid waste project as specified in Subsection FFF of Section 1 of Chapter 72 of Laws 1998;

V. South Central solid waste authority for a solid waste project as specified in Subsection JJJ of Section 1 of Chapter 72 of Laws 1998;

W. the town of Taos for a water rights acquisition project as specified in Subsection T of Section 1 of Chapter 8 of Laws 1996 (S.S.);

X. the village of Taos Ski Valley for a municipal office building project as specified in Subsection QQQ of Section 1 of Chapter 72 of Laws 1998;

Y. Torrance county for a judicial complex project as specified in Subsection NNNNN of Section 1 of Chapter 18 of Laws 2000;

Z. the village of Tularosa for a land acquisition project as specified in Subsection OOOO of Section 1 of Chapter 68 of Laws 1999;

AA. Valencia county for the Valencia Rio Grande fire department for an equipment acquisition project as specified in Subsection VVVVV of Section 1 of Chapter 18 of Laws 2000; and

BB. Valencia county and Socorro county for a central solid waste authority project as specified in Subsection Y of Section 1 of Chapter 8 of Laws 1996 (S.S.).

Section 2. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.



HB 161

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