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:

1. Antelope Valley irrigation district for an irrigation project as specified in Subsection H of Section 1 of Chapter 187 of Laws 1995;

2. high plains regional solid waste authority for a regional solid waste disposal project as specified in Subsection A of Section 1 of Chapter 187 of Laws 1995;

3. village of Magdalena for a solid waste project as specified in Subsection K of Section 1 of Chapter 187 of Laws 1995;

4. north central solid waste authority for a regional solid waste disposal project as specified in

Subsection R of Section 1 of Chapter 187 of Laws 1995;

5. Agua Sana water association for a water project as specified in Subsection V of Section 1 of Chapter 8 of Laws 1996 (1st S.S.);

6. village of Cloudcroft for a water project and a wastewater project as specified in Subsection I of Section 1 of Chapter 8 of Laws 1996 (1st S.S.);

7. Navajo Nation for a water treatment plant and the related infrastructure for a potato processing plant at the Navajo agricultural products industry location on the Navajo Nation as specified in Subsection AA of Section 1 of Chapter 8 of Laws 1996 (1st S.S.);

8. Ruidoso regional joint use board for a wastewater project as specified in Subsection H of Section 1 of Chapter 8 of Laws 1996 (1st S.S.);

9. Jicarilla Apache tribe for a building project as specified in Subsection N of Section 1 of Chapter 166 of Laws 1997;

10. village of Magdalena for the renovation of the bureau of Indian affairs dormitory as specified in Subsection DD of Section 1 of Chapter 166 of Laws 1997;

11. city of Moriarty for a water system acquisition, water rights acquisition and a municipal water system improvement project as specified in Subsection Y of Section 1 of Chapter 166 of Laws 1997;

12. Navajo Nation for the development of a potato processing plant and for necessary infrastructure for that plant as specified in Subsection EE of Section 1 of Chapter 166 of Laws 1997;

13. Rio Chama gas users association for a natural gas system as specified in Subsection CC of Section 1 of Chapter 166 of Laws 1997;

14. town of Springer for an electric distribution system project as specified in Subsection J of Section 1 of Chapter 166 of Laws 1997;

15. New Mexico second judicial district metropolitan court for a land acquisition and courthouse project as specified in Subsection S of Section 1 of Chapter 166 of Laws 1997;

16. Tunnel Springs water association for a water system project as specified in Subsection T of Section 1 of Chapter 166 of Laws 1997;

17. city of Carlsbad for a water project and the acquisition of solid waste vehicles and related equipment as specified in Subsection I of Section 1 of Chapter 72 of Laws 1998;

18. village of Cimarron for the acquisition of a pumper truck and related fire equipment and the refinancing of a backhoe as specified in Subsection N of Section 1 of Chapter 72 of Laws 1998;

19. general services department for the acquisition of a research airplane and related research equipment as specified in Subsection BB of Section 1 of Chapter 72 of Laws 1998; 20. Hidalgo county for a regional solid waste project and the acquisition of solid waste equipment as specified in Subsection HH of Section 1 of Chapter 72 of Laws 1998;

21. city of Las Vegas for a water project as specified in Subsection NN of Section 1 of Chapter 72 of Laws 1998;

22. town of Silver City for a water project as specified in Subsection HHH of Section 1 of Chapter 72 of Laws 1998;

23. city of Socorro for a water project as specified in Subsection III of Section 1 of Chapter 72 of Laws 1998;

24. Taos county for an administrative building project as specified in Subsection LLL of Section 1 of Chapter 72 of Laws 1998; and

25. Elephant Butte for a water project as specified in Subsection A of Section 1 of Chapter 12 of Laws 2000 (2nd S.S.).