SENATE BILL 519

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

INTRODUCED BY

Nancy Rodriguez

AN ACT

RELATING TO FIREFIGHTERS; INCREASING DISTRIBUTIONS INTO THE FIREFIGHTERS' SURVIVORS FUND.

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

     SECTION 1. Section 59A-53-7 NMSA 1978 (being Laws 1984, Chapter 127, Section 978, as amended) is amended to read:

     "59A-53-7. DISTRIBUTION OF FIRE PROTECTION FUND.--

          A. Annually on or before the last day of July, the state treasurer shall distribute from the money in the fire protection fund, to each municipality and county fire district, the amount that the marshal or the commission, as the case may be, has certified to the state treasurer. Payment shall be made to the treasurer of any municipality and to the county treasurer of the county in which any county fire district is located for credit to the county fire district.

          B. The state treasurer is authorized to redirect a distribution to the New Mexico finance authority in the amount that the marshal or the commission, as the case may be, has certified to the state treasurer pursuant to an ordinance or a resolution passed by the municipality or county and a written agreement of the municipality or county in which any county fire district is located and the New Mexico finance authority.

          C. In addition to the distributions made pursuant to Subsections A and B of this section, upon certification by the marshal that the balance of the firefighters' survivors fund is less than [fifty thousand dollars ($50,000)] two hundred fifty thousand dollars ($250,000), the state treasurer shall distribute an amount from the fire protection fund to the firefighters' survivors fund so that the balance of the firefighters' survivors fund equals [fifty thousand dollars ($50,000)] two hundred fifty thousand dollars ($250,000)."

     SECTION 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2015.

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