SB 15
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AN ACT
RELATING TO MISCELLANEOUS NATURAL RESOURCES MATTERS; AMENDING
THE NATURAL RESOURCES TRUSTEE ACT TO PROVIDE FOR MANAGEMENT
AND TO USE OF MONEY IN THE NATURAL RESOURCES TRUSTEE FUND AND
TO PROVIDE FOR A GENERAL FUND APPROPRIATION FOR OPERATING
EXPENSES OF THE OFFICE OF THE NATURAL RESOURCES TRUSTEE;
MAKING AN APPROPRIATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
Section 1. Section 75-7-1 NMSA 1978 (being Laws 1993,
Chapter 292, Section 1) is amended to read:
"75-7-1. SHORT TITLE.--Chapter 75, Article 7 NMSA 1978
may be cited as the "Natural Resources Trustee Act"."
Section 2. Section 75-7-2 NMSA 1978 (being Laws 1993,
Chapter 292, Section 2) is amended to read:
"75-7-2. NATURAL RESOURCES TRUSTEE--OFFICE OF NATURAL
RESOURCES TRUSTEE.--
A. The "natural resources trustee" is created.
The trustee is appointed by and serves at the pleasure of the
governor pursuant to the provisions of the federal
Comprehensive Environmental Response, Compensation, and
Liability Act of 1980, as amended by the federal Superfund
Amendments and Reauthorization Act of 1986, the Federal Water
Pollution Control Act and any other applicable federal law.
The natural resources trustee shall act on behalf of the