AN ACT
RELATING TO THE PUBLIC PEACE, HEALTH,
SAFETY AND WELFARE; CREATING THE TOURISM ENTERPRISE FUND; PROVIDING FOR
ADMINISTRATION OF THE FUND.
BE IT ENACTED BY THE LEGISLATURE OF
THE STATE OF NEW MEXICO:
Section 1. TOURISM REVENUE ENTERPRISE FUND CREATED--FUND
ADMINISTRATION.--
A. The "tourism enterprise fund" is
created in the state treasury. Money
appropriated to the fund or accruing to it through sales of souvenirs and
sundries at visitors centers, web-site-related sales, television special
program rights, gifts, grants, fees, penalties, bequests or any other source
shall be delivered to the state treasurer and deposited in the fund. Money in the fund is appropriated to the
tourism department for the purpose of carrying out the duties of the
department. Money in the fund shall not
revert to the general fund at the end of a fiscal year.
B. The fund shall be administered by the tourism
department. Disbursements from the fund
shall be made only upon warrant drawn by the secretary of finance and
administration pursuant to vouchers signed by the secretary of tourism.
HBIC/HB 1005
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