HOUSE BILL 95

52nd legislature - STATE OF NEW MEXICO - first session, 2015

INTRODUCED BY

Jimmie C. Hall

AN ACT

RELATING TO LAW ENFORCEMENT; AMENDING A SECTION OF THE CONCEALED HANDGUN CARRY ACT TO PROVIDE FOR ANNUAL REPORTING OF EXPENDITURES FROM THE CONCEALED HANDGUN CARRY FUND AND ADMINISTRATIVE COSTS OF THE ACT.

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

     SECTION 1. Section 29-19-13 NMSA 1978 (being Laws 2003, Chapter 255, Section 13) is amended to read:

     "29-19-13. FUND CREATED.--

          A. The "concealed handgun carry fund" is created in the state treasury.

          B. All money received by the department pursuant to the provisions of the Concealed Handgun Carry Act shall be deposited by the state treasurer for credit to the concealed handgun carry fund. The state treasurer shall invest the fund as all other state funds are invested, and income from the investment of the fund shall be credited to the fund. Balances remaining at the end of any fiscal year shall not revert to the general fund and may be used to maintain the state's criminal history database.

          C. Money in the concealed handgun carry fund is appropriated to the department to carry out the provisions of the Concealed Handgun Carry Act.

          D. The department shall annually report expenditures from the concealed handgun carry fund and all costs associated with administration of the Concealed Handgun Carry Act to the legislative finance committee."

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