HOUSE BILL 173

48th legislature - STATE OF NEW MEXICO - second session, 2008

INTRODUCED BY

Larry A. Larrañaga

FOR THE PUBLIC SCHOOL CAPITAL OUTLAY OVERSIGHT TASK FORCE

AN ACT

RELATING TO PUBLIC WORKS; REPEALING THE REQUIREMENT FOR THE BONDING OF SUBCONTRACTORS.

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

     Section 1. REPEAL.--Section 13-1-148.1 NMSA 1978 (being Laws 2005, Chapter 99, Section 1, as amended) is repealed.

     Section 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2008.

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