SENATE BILL 572

51st legislature - STATE OF NEW MEXICO - first session, 2013

INTRODUCED BY

Stuart Ingle

AN ACT

RELATING TO PUBLIC BUILDINGS; AMENDING THE PROPERTY CONTROL RESERVE FUND TO INCLUDE FUNDING FOR RENOVATING AND PLANS FOR RENOVATING OR CONSTRUCTING STATE OFFICE BUILDINGS; REMOVING THE RESTRICTION THAT FUNDING BE LIMITED TO BUILDINGS AND LAND IN SANTA FE; MAKING AN APPROPRIATION; DECLARING AN EMERGENCY.

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

     SECTION 1. Section 15-3B-20 NMSA 1978 (being Laws 1998, Chapter 58, Section 1, as amended) is amended to read:

     "15-3B-20. PROPERTY CONTROL RESERVE FUND--CREATED--PURPOSE.--The "property control reserve fund" is created in the state treasury. The purpose of the fund is to provide a reserve account from which the division can purchase, [or] construct or renovate or plan for the construction or renovation of state office buildings, in particular to alleviate the state's reliance on [expensive] leased office space [in Santa Fe]. The fund shall consist of appropriations, money from the sale of real property under the jurisdiction of the division, gifts, grants, donations, bequests and income from investment of the fund. Money in the fund shall not revert to the general fund at the end of any fiscal year. The division shall administer the fund subject to appropriation by the legislature. The legislature shall appropriate money in the fund to the division to purchase or acquire land and purchase, construct or renovate or plan for the construction or renovation of state office buildings [in Santa Fe] in accordance with the state's four-year major capital improvements plan. Disbursements from the fund shall be made on warrants drawn by the secretary of finance and administration pursuant to vouchers signed by the director or [his] the director's authorized representative."

     SECTION 2. APPROPRIATION.--Two million three hundred thousand dollars ($2,300,000) is appropriated from the property control reserve fund to the property control division of the general services department for expenditure in fiscal year 2013 and subsequent fiscal years for the purchase and renovation and plans for the renovation of a state office building and appurtenant land in Bernalillo county. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the property control reserve fund.

     SECTION 3. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.

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