SENATE BILL 545

46th legislature - STATE OF NEW MEXICO - second session, 2004

INTRODUCED BY

Ben D. Altamirano

AN ACT

RELATING TO TELECOMMUNICATIONS; PROVIDING FOR THE USE OF THE TELECOMMUNICATIONS ACCESS FUND FOR ALL SALARIES AND OTHER EXPENSES OF THE COMMISSION FOR DEAF AND HARD-OF-HEARING PERSONS; MAKING AN APPROPRIATION.

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

     Section 1. Section 63-9F-12 NMSA 1978 (being Laws 1993, Chapter 54, Section 12) is amended to read:

     "63-9F-12. TELECOMMUNICATIONS ACCESS FUND--ESTABLISHED.--There is created in the state treasury the "telecommunications access fund". Money appropriated to the fund or accruing to it through gifts, grants, fees, surcharges, penalties or bequests shall be delivered to the state treasurer for deposit in the fund. The fund shall be invested as other state funds are invested. Disbursements from the fund shall be made upon warrants drawn by the secretary of finance and administration pursuant to vouchers signed by the secretary of general services. The department shall administer the fund. Money in the fund is appropriated for the purpose of carrying out the provisions of the Telecommunications Access Act and for the purpose of funding all salaries and other expenses of the commission in the performance of its duties pursuant to Chapter 28, Article 11B NMSA 1978. The department and the commission may request the state budget division of the department of finance and administration to approve the expenditure of funds deposited in the telecommunications access fund for the purpose of defraying salary and other necessary expenses incurred by the department [and the commission] in the administration of the provisions of the Telecommunications Access Act [The budget division may approve the expenditure of not more than ten percent of the amount deposited in the telecommunications access fund during any fiscal year for administrative expenses] or by the commission in the performance of its duties pursuant to Chapter 28, Article 11B NMSA 1978 or pursuant to the Telecommunications Access Act. Any unexpended or unencumbered balance remaining in the fund at the end of [any] a fiscal year shall not revert."

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