HOUSE BILL 46
50th legislature - STATE OF NEW MEXICO - second session, 2012
INTRODUCED BY
Patricia A. Lundstrom
ENDORSED BY THE NEW MEXICO FINANCE AUTHORITY
OVERSIGHT COMMITTEE
AN ACT
RELATING TO FINANCE; AUTHORIZING THE NEW MEXICO FINANCE AUTHORITY TO MAKE LOANS FOR PUBLIC PROJECTS FROM THE PUBLIC PROJECT REVOLVING FUND; DECLARING AN EMERGENCY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. AUTHORIZATION OF PROJECTS.--Pursuant to the provisions of Section 6-21-6 NMSA 1978, the legislature authorizes the New Mexico finance authority to make loans from the public project revolving fund for public projects as defined in Section 6-21-3 NMSA 1978. Pursuant to Section 6-21-6 NMSA 1978, loans of less than one million dollars ($1,000,000) do not require specific authorization and need not be identified in this act. Authorization is given to the New Mexico finance authority to make loans to the following qualified entities on terms and conditions established by the authority:
1. the Albuquerque-Bernalillo county water utility authority in Bernalillo county for building, equipment, infrastructure, debt refinance, road, land acquisition, water, wastewater, water rights and solid waste projects;
2. the city of Albuquerque in Bernalillo county for rail spur, water rights, road, public improvement district, building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater and solid waste projects;
3. the Alto lakes water and sanitation district in Lincoln county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, solid waste and road projects;
4. the Angel Fire improvement district in Colfax county for building, equipment, infrastructure, land acquisition, water, wastewater, water rights, solid waste and road projects;
5. the village of Angel Fire in Colfax county for water, wastewater, water rights, solid waste, building, equipment, infrastructure, debt refinance, land acquisition and special assessment district projects;
6. the city of Aztec in San Juan county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, solid waste and road projects;
7. the town of Bernalillo in Sandoval county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
8. the city of Bloomfield in San Juan county for building, equipment, infrastructure, debt refinance, road, land acquisition, water, wastewater, water rights and solid waste projects;
9. the board of regents of New Mexico highlands university in San Miguel and Santa Fe counties for building, equipment, infrastructure, debt refinance, land acquisition, road, water, wastewater, water rights and solid waste projects;
10. the board of regents of New Mexico state university for the Arrowhead center in Dona Ana county for building, equipment, infrastructure, debt refinance, land acquisition, road, water, wastewater, water rights and solid waste projects;
11. the board of regents of New Mexico state university in Dona Ana county for building, equipment, infrastructure, debt refinance, road, land acquisition, water, wastewater, water rights and solid waste projects;
12. the board of regents of New Mexico institute of mining and technology for the research park corporation in Bernalillo and Socorro counties for building, equipment, infrastructure, debt refinance, land acquisition, road, water, wastewater, water rights and solid waste projects;
13. the governing board of San Juan college in San Juan county for building, equipment, infrastructure, debt refinance, land acquisition, road, water, wastewater, water rights and solid waste projects;
14. the board of regents of the New Mexico school for the blind and visually impaired in Otero county for building, equipment, infrastructure, debt refinance, land acquisition, road, water, wastewater, water rights and solid waste projects;
15. the Canones mutual domestic water consumers association in Rio Arriba county for building, equipment, infrastructure, debt refinance, water, wastewater, water rights, land acquisition, road and solid waste projects;
16. the Carrizozo municipal school district in Lincoln county for building, equipment, infrastructure, debt refinance, water, wastewater, water rights, land acquisition, road and solid waste projects;
17. the Cimarron municipal school district in Colfax county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
18. the Cottonwood valley charter school in Socorro county for building, equipment, infrastructure, land acquisition, debt refinance, water, wastewater, water rights, road and solid waste projects;
19. the Dexter consolidated school district in Chaves county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
20. the digital arts and technology academy charter school in Bernalillo county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
21. the east mountain charter high school in Bernalillo county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
22. the eastern Sandoval county arroyo flood control authority in Sandoval county for building, equipment, infrastructure, debt refinance, water, wastewater, water rights, land acquisition, road and solid waste projects;
23. the town of Edgewood in Santa Fe county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
24. the Estancia Moriarty Willard gas cooperative in Torrance county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
25. the city of Eunice in Lea county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
26. the village of Folsom in Union county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
27. the governing board of Luna community college in San Miguel county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
28. Guadalupe county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
29. the Hagerman municipal school district in Chaves county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
30. Harding county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
31. the Hatch valley public school district in Dona Ana county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
32. the Hobbs homestead estates public improvement district in Lea county for building, equipment, infrastructure, debt refinance, water, wastewater, water rights, road and solid waste projects;
33. the Las Vegas city public school district in San Miguel county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
34. the city of Las Vegas in San Miguel county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
35. Los Alamos county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road, solid waste, public improvement district and special assessment district projects;
36. the Maxwell municipal school district in Colfax county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
37. the Mescalero Apache housing authority in Otero county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
38. the mid-region council of governments in Bernalillo county for building, equipment, infrastructure, debt refinance, land acquisition, rail spur, water, wastewater, water rights, road and solid waste projects;
39. the village of Milan in Cibola county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
40. the Monte del Sol charter school in Santa Fe county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
41. the Montessori of the Rio Grande charter school in Bernalillo county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
42. Mora county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road, solid waste, public improvement district and special assessment district projects;
43. the Mora independent school district in Mora county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
44. the village of Mosquero in Harding county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
45. the Navajo agricultural products industry in McKinley and San Juan counties for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
46. the New Mexico school for the arts in Santa Fe county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
47. the Nor-Lea hospital district in Lea county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
48. the north central regional transit district in Santa Fe, Rio Arriba and Taos counties for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
49. the northern New Mexico regional transit district in Santa Fe, Rio Arriba and Taos counties for railroad infrastructure projects;
50. the northwest New Mexico council of governments in Santa Fe county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
51. the northwest New Mexico regional solid waste authority in Cibola county for building, equipment, infrastructure, land acquisition, water, wastewater, water rights, road and solid waste projects;
52. Ohkay Owingeh in Rio Arriba county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
53. the village of Pecos in San Miguel county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
54. the city of Portales in Roosevelt county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
55. the Pueblo of Pojoaque in Santa Fe county for building, equipment, infrastructure, road, debt refinance, land acquisition, water, wastewater, water rights and solid waste projects;
56. the Questa independent school district in Taos county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
57. the city of Raton in Colfax county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
58. the Rio metro regional transit district in Bernalillo, Torrance, Sandoval and Valencia counties for railroad infrastructure and building projects;
59. the Robert F. Kennedy charter school in Bernalillo county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
60. the village of Roy in Harding county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
61. San Miguel county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
62. the Santa Rosa consolidated school district in Guadalupe county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
63. the south valley academy in Bernalillo county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
64. the southern Sandoval county arroyo flood control authority in Sandoval county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
65. the southwest secondary learning center in Bernalillo county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
66. the Springer municipal school district in Colfax county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
67. the state fair commission in Bernalillo county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
68. the Taos ski valley in the village of Taos in Taos county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
69. the twenty-first century public academy in Bernalillo county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects;
70. the university of New Mexico medical group in Bernalillo and Sandoval counties for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects;
71. the Vaughn municipal school district in Guadalupe county for building, equipment, infrastructure, debt refinance, land acquisition, water, wastewater, water rights, road and solid waste projects; and
72. the Wagon Mound public school district in Mora county for building, equipment, infrastructure, debt refinance, land acquisition, facilities acquisition, water, wastewater, water rights, road and solid waste projects.
SECTION 2. VOIDING OF AUTHORIZATION.--If a qualified entity listed in Section 1 of this act has not certified to the New Mexico finance authority by the end of fiscal year 2015 its desire to continue to pursue a loan from the public project revolving fund for a public project listed in that section, the legislative authorization granted to the New Mexico finance authority by Section 1 of this act to make a loan from the public project revolving fund to that qualified entity for that public project is void.
SECTION 3. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.
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