SB0207

SENATE BILL 207

54th legislature - STATE OF NEW MEXICO - second session, 2020

INTRODUCED BY

George K. Munoz and Steven P. Neville and John Arthur Smith

AN ACT

RELATING TO GENERAL OBLIGATION BONDS; AUTHORIZING THE ISSUANCE AND SALE OF CAPITAL PROJECTS GENERAL OBLIGATION BONDS TO MAKE CAPITAL EXPENDITURES FOR SENIOR CITIZEN FACILITY IMPROVEMENTS, CONSTRUCTION AND ACQUISITIONS, FOR LIBRARY ACQUISITIONS AND FOR CAPITAL IMPROVEMENTS AND ACQUISITIONS AT INSTITUTIONS OF HIGHER EDUCATION, STATE SPECIAL SCHOOLS AND TRIBAL SCHOOLS; PROVIDING FOR A PROPERTY TAX LEVY FOR PAYMENT OF PRINCIPAL OF, INTEREST ON AND CERTAIN COSTS RELATED TO THE BONDS; REQUIRING APPROVAL OF THE REGISTERED VOTERS AT THE 2020 GENERAL ELECTION OF THE STATE; DECLARING AN EMERGENCY.

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

SECTION 1. SHORT TITLE.--This act may be cited as the "2020 Capital Projects General Obligation Bond Act".

SECTION 2. PURPOSE.--For the purpose of providing funds for capital expenditures as authorized in the 2020 Capital Projects General Obligation Bond Act, general obligation indebtedness of the state is authorized for the purposes and in the amounts set forth in Section 10 of that act.

SECTION 3. BOND TERMS.--

A. The state board of finance, except as limited by the 2020 Capital Projects General Obligation Bond Act, shall determine the terms, covenants and conditions of bonds issued pursuant to that act, including:

(1) date or dates of issue, denominations and maturities;

(2) principal amounts;

(3) rate or rates of interest; and

(4) provisions for redemption, including premiums, registration and refundability, whether the bonds are issued in one or more series and other covenants relating to the bonds and the issuance thereof.

B. The bonds shall be in such form as the state board of finance determines with an appropriate series designation and shall bear interest payable as set forth in the resolution of the state board of finance.

C. Payment of the principal of the bonds shall begin not more than two years after the date of their issuance, and the bonds shall mature not later than ten years after the date of their issuance. Both principal and interest shall be payable in lawful money of the United States at the office of the paying agent within or without the state as the state board of finance may direct.

D. The bonds shall be executed with the manual or facsimile signature of the governor or the state treasurer, and the seal or a facsimile of the seal of the state shall be placed on each bond, except for any series of bonds issued in book entry or similar form without the delivery of physical securities.

E. The bonds shall be issued in accordance with the provisions of the 2020 Capital Projects General Obligation Bond Act, the Supplemental Public Securities Act and the Uniform Facsimile Signature of Public Officials Act and may be issued in accordance with the Public Securities Short-Term Interest Rate Act.

F. The full faith and credit of the state is pledged for the prompt payment when due of the principal of and interest on all bonds issued and sold pursuant to the 2020 Capital Projects General Obligation Bond Act.

SECTION 4. EXPENDITURES.--The proceeds from the sale of the bonds shall be expended solely for providing money to be distributed for the purposes and in amounts not to exceed the amounts set forth in Section 10 of the 2020 Capital Projects General Obligation Bond Act and to pay expenses incurred under Section 6 of that act. Any proceeds from the sale of the bonds that are not required for the purposes set forth in Sections 6 and 10 of that act shall be used for the purpose of paying the principal of and interest on the bonds.

SECTION 5. SALE.--The bonds authorized under the 2020 Capital Projects General Obligation Bond Act shall be sold by the state board of finance at such time and in such manner and amounts as the board may elect. The bonds may be sold at private sale or at public sale, in either case at not less than par plus accrued interest to the date of delivery. If sold at public sale, the state board of finance shall publish a notice of the time and place of sale in a newspaper of general circulation in the state and may also publish the notice in a recognized financial journal outside the state. The required publications shall be made once each week for two consecutive weeks prior to the date fixed for the sale, the last publication thereof to be at least five days prior to the date of the sale. The notice shall specify the amount, denomination, maturity and description of the bonds to be offered for sale and the place, date and hour at which the sealed bids shall be received. At the time and place specified in the notice, the state board of finance shall open the bids in public and shall award the bonds to the bidder or bidders offering the best price for the bonds. The state board of finance may reject any or all bids and readvertise and may waive any irregularity in a bid. All bids, except that of the state, shall be accompanied by a deposit of two percent of the principal amount of the bonds in a form acceptable to the state board of finance. The deposit of an unsuccessful bidder shall be returned upon rejection of the bid. The state board of finance may also sell the bonds or any part of the bonds to the state treasurer or state investment officer. The state treasurer or state investment officer is authorized to purchase any of the bonds for investment. The bonds are legal investments for any person or board charged with the investment of any public funds and may be accepted as security for any deposit of public money.

SECTION 6. EXPENSES.--The expenses incurred by the state board of finance in or relating to the preparation and sale of the bonds shall be paid out of the proceeds from the sale of the bonds, and all rebate, penalty, interest and other obligations of the state relating to the bonds and bond proceeds under the Internal Revenue Code of 1986, as amended, shall be paid from earnings on bond proceeds or other money of the state, legally available for such payments.

SECTION 7. PROPERTY TAX LEVY.--To provide for the payment of the principal of and interest on the bonds issued and sold pursuant to the provisions of the 2020 Capital Projects General Obligation Bond Act, there shall be and there is hereby imposed and levied during each year in which any of the bonds are outstanding an ad valorem tax on all property in the state subject to property taxation for state purposes sufficient to pay the interest as it becomes due on the bonds, together with an amount sufficient to provide a sinking fund to pay the principal of the bonds as it becomes due, and, if permitted by law, ad valorem taxes may be collected to pay administrative costs incident to the collection of such taxes. The taxes shall be imposed, levied, assessed and collected at the times and in the manner that other property taxes for state purposes are imposed, levied, assessed and collected. It is the duty of all tax officials and authorities to cause these taxes to be imposed, levied, assessed and collected.

SECTION 8. TREASURER--DUTIES.--The state treasurer shall keep separate accounts of all money collected pursuant to the taxes imposed and levied pursuant to the provisions of the 2020 Capital Projects General Obligation Bond Act and shall use this money only for the purposes of paying the principal of and interest on the bonds as they become due and any expenses relating thereto.

SECTION 9. IRREPEALABLE CONTRACT--AUTHORITY FOR ISSUANCE.--An owner of bonds issued pursuant to the provisions of the 2020 Capital Projects General Obligation Bond Act may, either at law or in equity, by suit, action or mandamus, enforce and compel the performance of the duties required by that act of any officer or entity mentioned in that act. The provisions of that act constitute an irrepealable contract with the owners of any of the bonds issued pursuant to that act for the faithful performance of which the full faith and credit of the state is pledged. Without reference to any other act of the legislature, the 2020 Capital Projects General Obligation Bond Act is full authority for the issuance and sale of the bonds authorized in that act, and such bonds shall have all the qualities of investment securities under the Uniform Commercial Code, shall not be invalid for any irregularity or defect in the proceedings for the issuance and sale of the bonds and shall be incontestable in the hands of bona fide purchasers or holders thereof for value. All bonds issued under the provisions of that act, and the interest thereon, are exempt from taxation by the state and any subdivision or public body thereof.

SECTION 10. PROJECTS.--The proceeds from the sale of bonds issued under the provisions of the 2020 Capital Projects General Obligation Bond Act shall be distributed as follows for the purposes and in the amounts specified:

A. for senior citizen facility improvement, construction and equipment acquisition projects, to the aging and long-term services department:

(1) fifty-two thousand three hundred twenty dollars ($52,320) to purchase and equip vehicles for the city of Albuquerque senior affairs kitchen site in Albuquerque in Bernalillo county;

(2) one hundred fourteen thousand four hundred dollars ($114,400) for renovations to the Barelas senior center in Albuquerque in Bernalillo county;

(3) three hundred fifty-nine thousand two hundred dollars ($359,200) for renovations to the Highland senior center in Albuquerque in Bernalillo county;

(4) eighty-one thousand seven hundred eighty-two dollars ($81,782) to purchase and equip vehicles for the Highland senior center in Albuquerque in Bernalillo county;

(5) three hundred seventy thousand dollars ($370,000) to plan, design, construct, equip and furnish the Isleta Pueblo elder center in the Pueblo of Isleta in Bernalillo county;

(6) seventy-five thousand dollars ($75,000) to purchase and equip vehicles for the Isleta Pueblo elder center in the Pueblo of Isleta in Bernalillo county;

(7) eighty-one thousand seven hundred eighty-two dollars ($81,782) to purchase and equip vehicles for the Palo Duro senior center in Albuquerque in Bernalillo county;

(8) one hundred ten thousand dollars ($110,000) for renovations to the Raymond G. Sanchez community center in Bernalillo county;

(9) one hundred forty-five thousand twenty-five dollars ($145,025) to plan and design an expansion at the Rio Bravo meal site in Bernalillo county;

(10) ninety-three thousand eight hundred thirty-three dollars ($93,833) for renovations to the Lake Arthur Joy center in Chaves county;

(11) eighty-four thousand seven hundred sixteen dollars ($84,716) for renovations to the Midway Joy center in Chaves county;

(12) fifty-one thousand seven hundred twenty-eight dollars ($51,728) to purchase and equip vehicles for the Midway Joy center in Chaves county;

(13) fifty-one thousand dollars ($51,000) to purchase and install meals equipment and other equipment at the Roswell Joy center in Chaves county;

(14) one hundred seven thousand four hundred seventy-three dollars ($107,473) for renovations to the Roswell Joy center in Chaves county;

(15) three hundred twelve thousand six hundred forty-five dollars ($312,645) to purchase and equip vehicles for the Roswell Joy center in Chaves county;

(16) sixty-eight thousand two hundred twenty-five dollars ($68,225) for renovations to the Acoma Pueblo senior center in the Pueblo of Acoma in Cibola county;

(17) one hundred nine thousand four hundred seventy-six dollars ($109,476) to purchase and equip vehicles for the Acoma Pueblo senior center in the Pueblo of Acoma in Cibola county;

(18) fifty-five thousand dollars ($55,000) to purchase and equip vehicles for the Cimarron senior center in Colfax county;

(19) two hundred seventy-four thousand eight hundred dollars ($274,800) for renovations to the Eagle Nest senior center in Eagle Nest in Colfax county;

(20) one hundred sixty-five thousand dollars ($165,000) for renovations to the Raton senior center in Colfax county;

(21) one hundred ten thousand dollars ($110,000) to purchase and equip vehicles for the Raton senior center in Colfax county;

(22) fifty-five thousand dollars ($55,000) to purchase and equip vehicles for the Springer senior center in Colfax county;

(23) four million seven hundred three thousand nine hundred forty-six dollars ($4,703,946) to plan, design, construct, equip and furnish the Hillcrest senior center in Clovis in Curry county;

(24) thirty thousand dollars ($30,000) to purchase and equip vehicles for the Melrose senior center in Melrose in Curry county;

(25) two hundred forty-nine thousand dollars ($249,000) to purchase and equip vehicles for the Anthony community center in Dona Ana county;

(26) one hundred thousand dollars ($100,000) for renovations to the Dona Ana community center in Dona Ana county;

(27) nine hundred thirty thousand dollars ($930,000) to plan, design, construct, equip and furnish the East Mesa/Sage cafe senior center in Las Cruces in Dona Ana county;

(28) nine hundred seventy-four thousand dollars ($974,000) to plan, design, construct, equip and furnish the Munson senior center in Las Cruces in Dona Ana county;

(29) forty-five thousand dollars ($45,000) for renovations to the Placitas community center in Dona Ana county;

(30) one hundred sixteen thousand dollars ($116,000) for renovations to the Radium Springs community center in Dona Ana county;

(31) seven hundred sixty thousand dollars ($760,000) for renovations to the San Jose senior center in Carlsbad in Eddy county;

(32) fifty thousand dollars ($50,000) for renovations to the Gila senior center in Grant county;

(33) sixty-seven thousand eight hundred twenty-six dollars ($67,826) to purchase and equip vehicles for the Gila senior center in Grant county;

(34) fifty thousand dollars ($50,000) for renovations to the Mimbres senior center in Grant county;

(35) seventy-three thousand four hundred four dollars ($73,404) to purchase and install meals equipment and other equipment at the Santa Clara senior center in Santa Clara in Grant county;

(36) fifty-five thousand dollars ($55,000) to purchase and equip vehicles for the Santa Clara senior center in Santa Clara in Grant county;

(37) thirty-three thousand four hundred thirty-five dollars ($33,435) to purchase and equip vehicles for the Silver City senior center in Silver City in Grant county;

(38) fifty thousand three hundred sixty-five dollars ($50,365) to purchase and equip vehicles for La Loma senior center in Guadalupe county;

(39) twenty-nine thousand seven hundred seventy-seven dollars ($29,777) to purchase and install meals equipment and other equipment at the Ena Mitchell senior center in Lordsburg in Hidalgo county;

(40) forty-five thousand eight hundred twenty-two dollars ($45,822) to purchase and equip vehicles for the Carrizozo senior center in Lincoln county;

(41) forty-two thousand two hundred forty dollars ($42,240) to purchase and install meals equipment and other equipment at the Hondo senior center in Lincoln county;

(42) twenty-two thousand one hundred seventy-two dollars ($22,172) to purchase and equip vehicles for the Hondo senior center in Lincoln county;

(43) forty-four thousand seventy-seven dollars ($44,077) for renovations to the Ruidoso community center in Ruidoso in Lincoln county;

(44) twenty-two thousand one hundred seventy-two dollars ($22,172) to purchase and equip vehicles for the Ruidoso Downs Zia senior center in Lincoln county;

(45) twenty-two thousand eight hundred seventy-six dollars ($22,876) for renovations to the Deming senior center in Deming in Luna county;

(46) two hundred fifty-five thousand ninety-two dollars ($255,092) for renovations to the Deming senior center in Deming in Luna county;

(47) one hundred forty thousand one hundred seventy dollars ($140,170) to purchase and equip vehicles for the Deming senior center in Deming in Luna county;

(48) eight hundred ten thousand dollars ($810,000) for renovations to the Baahaali senior center in the Baahaali chapter of the Navajo Nation in McKinley county;

(49) twenty-two thousand dollars ($22,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Baca senior center in the Baca/Prewitt chapter of the Navajo Nation in McKinley county;

(50) nine hundred fifty thousand dollars ($950,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Chichiltah senior center in the Chichiltah chapter of the Navajo Nation in McKinley county;

(51) eight hundred eighty thousand dollars ($880,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Crownpoint senior center in the Crownpoint chapter of the Navajo Nation in McKinley county;

(52) one hundred one thousand one hundred dollars ($101,100) for renovations to the Crownpoint chapter senior center in the Crownpoint chapter of the Navajo Nation in McKinley county;

(53) fifty thousand dollars ($50,000) to purchase and equip vehicles for the Crystal senior center in the Crystal chapter of the Navajo Nation in McKinley county;

(54) twenty thousand dollars ($20,000) to purchase and install meals equipment and other equipment at the Gallup senior center in Gallup in McKinley county;

(55) seventy-five thousand dollars ($75,000) to purchase and equip vehicles for the Gallup senior center in Gallup in McKinley county;

(56) one hundred ten thousand dollars ($110,000) to plan and design the Manuelito senior center in the Manuelito chapter of the Navajo Nation in McKinley county;

(57) one million six hundred fourteen thousand two hundred ninety-three dollars ($1,614,293) to plan, design, construct, equip and furnish the Mariano Lake senior center in the Mariano Lake chapter of the Navajo Nation in McKinley county;

(58) two hundred thirteen thousand dollars ($213,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Mexican Springs senior center in the Mexican Springs chapter of the Navajo Nation in McKinley county;

(59) three hundred thirty-eight thousand seven hundred ten dollars ($338,710) to plan and design the Nageezi senior center in the Nageezi chapter of the Navajo Nation in McKinley county;

(60) two million eight hundred thousand dollars ($2,800,000) to plan, design, construct, equip and furnish the Pueblo Pintado senior center in the Pueblo Pintado chapter of the Navajo Nation in McKinley county;

(61) three hundred eighty thousand dollars ($380,000) to plan, design, construct, equip and furnish the Ramah senior center in the Ramah chapter of the Navajo Nation in McKinley county;

(62) one million four hundred twenty thousand dollars ($1,420,000) to plan, design, construct, equip and furnish the Red Rock senior center in the Red Rock chapter of the Navajo Nation in McKinley county;

(63) eight hundred thousand dollars ($800,000) for renovations to the Smith Lake senior center in the Smith Lake chapter of the Navajo Nation in McKinley county;

(64) one million dollars ($1,000,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Thoreau senior center in the Thoreau chapter of the Navajo Nation in McKinley county;

(65) three hundred fifty thousand dollars ($350,000) to plan and design the Tohatchi senior center in the Tohatchi chapter of the Navajo Nation in McKinley county;

(66) seventy-six thousand dollars ($76,000) to purchase and equip vehicles for the Alamo senior center in Alamogordo in Otero county;

(67) thirty-six thousand five hundred three dollars ($36,503) to purchase and install meals equipment and other equipment at the Alamo senior center in Alamogordo in Otero county;

(68) forty thousand dollars ($40,000) for renovations to the Logan senior center in Logan in Quay county;

(69) forty-eight thousand one hundred nine dollars ($48,109) to purchase and equip vehicles for the Logan senior center in Logan in Quay county;

(70) twenty-eight thousand one hundred six dollars ($28,106) for renovations to the San Ildefonso Pueblo senior center in the Pueblo of San Ildefonso in Rio Arriba county;

(71) one hundred fifty-four thousand three hundred dollars ($154,300) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Santa Clara Pueblo adult daycare center in the Pueblo of Santa Clara in Rio Arriba county;

(72) one hundred three thousand dollars ($103,000) for renovations to the Santa Clara Pueblo adult daycare center in the Pueblo of Santa Clara in Rio Arriba county;

(73) seventy thousand seven hundred fifty dollars ($70,750) to purchase and equip vehicles for the Santa Clara Pueblo adult daycare in the Pueblo of Santa Clara in Rio Arriba county;

(74) forty-two thousand dollars ($42,000) to purchase and install meals equipment and other equipment at the Santa Clara Pueblo senior center in the Pueblo of Santa Clara in Rio Arriba county;

(75) three hundred sixty-three thousand dollars ($363,000) for renovations to the Aztec senior center in Aztec in San Juan county;

(76) fifty-one thousand one hundred sixty dollars ($51,160) to purchase and install meals equipment and other equipment at the Bonnie Dallas senior center in Farmington in San Juan county;

(77) sixty-five thousand dollars ($65,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Bonnie Dallas senior center in Farmington in San Juan county;

(78) two hundred thousand dollars ($200,000) for renovations to the Bonnie Dallas senior center in Farmington in San Juan county;

(79) three hundred fifteen thousand dollars ($315,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Las Vegas senior center in Las Vegas in San Miguel county;

(80) one million one hundred thirty-five thousand seven hundred dollars ($1,135,700) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Las Vegas senior center in Las Vegas in San Miguel county;

(81) fifty thousand dollars ($50,000) for renovations to the Las Vegas senior center in Las Vegas in San Miguel county;

(82) two hundred twenty-five thousand dollars ($225,000) to purchase and equip vehicles for the San Miguel senior center in San Miguel county;

(83) twenty thousand two hundred fifty dollars ($20,250) to purchase and equip vehicles for the Bernalillo senior center in Sandoval county;

(84) three hundred one thousand seven hundred sixteen dollars ($301,716) for renovations to the Meadowlark senior center in Rio Rancho in Sandoval county;

(85) one hundred nineteen thousand seven hundred eighty-eight dollars ($119,788) to purchase and equip vehicles for the Meadowlark senior center in Rio Rancho in Sandoval county;

(86) thirty-six thousand dollars ($36,000) to purchase and install meals equipment and other equipment at the San Felipe Pueblo senior center in the Pueblo of San Felipe in Sandoval county;

(87) one million one hundred ninety thousand dollars ($1,190,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the San Felipe Pueblo senior center in the Pueblo of San Felipe in Sandoval county;

(88) one hundred one thousand six hundred fifty dollars ($101,650) to purchase and equip vehicles for senior centers in Sandoval county;

(89) two million four hundred eighty-four thousand eight hundred fifty-two dollars ($2,484,852) to plan, design, construct, equip and furnish the Mary Esther Gonzales senior center in Santa Fe in Santa Fe county;

(90) three hundred fifty-eight thousand eight hundred sixty-five dollars ($358,865) to plan and design the Mary Esther Gonzales senior center in Santa Fe in Santa Fe county;

(91) eight hundred twenty-seven thousand dollars ($827,000) to purchase and equip vehicles for the Mary Esther Gonzales senior center in Santa Fe in Santa Fe county;

(92) thirty-three thousand seven hundred fifty-five dollars ($33,755) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Magdalena senior center in Socorro county;

(93) eighty-four thousand five hundred ninety-one dollars ($84,591) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Veguita senior center in Socorro county;

(94) two hundred twenty thousand four hundred fifty-six dollars ($220,456) to purchase and equip vehicles for Taos senior centers in Taos county;

(95) two hundred sixty thousand dollars ($260,000) to purchase and equip vehicles for the Belen senior center in Valencia county; and

(96) two hundred thousand dollars ($200,000) to plan, design, construct, equip and furnish the Del Rio senior center in Valencia county;

B. for library acquisitions at public libraries, public school libraries, academic libraries and tribal libraries statewide:

(1) to the cultural affairs department:

(a) three million dollars ($3,000,000) for equipment, library furniture, fixtures and supplemental library resource acquisitions, including print, non-print and electronic resources, collaborative library resources and information technology projects, and for the purchase and installation of broadband internet equipment and infrastructure at non-tribal public libraries statewide; and

(b) five hundred thousand dollars ($500,000) for equipment, library furniture, fixtures and supplemental library resource acquisitions, including print, non-print and electronic resources, collaborative library resources and information technology projects, and for the purchase and installation of broadband internet equipment and infrastructure at tribal libraries statewide;

(2) to the higher education department, three million dollars ($3,000,000) for supplemental library resource acquisitions, including books, equipment, electronic resources and collaborative library resources and information technology projects, for academic libraries statewide; and

(3) to the public education department, three million dollars ($3,000,000) for equipment and supplemental library resource acquisitions, including print, non-print and electronic resources, at public school libraries statewide; and

C. for capital improvements and acquisitions at institutions of higher education, special schools and tribal schools statewide:

(1) to the board of regents of eastern New Mexico university:

(a) one million five hundred thousand dollars ($1,500,000) to plan, design, construct and equip video surveillance systems and lighting at the Roswell branch campus of eastern New Mexico university in Chaves county;

(b) one million eight hundred seventy-five thousand dollars ($1,875,000) to plan, design, construct, renovate and equip video infrastructure improvements at the Ruidoso branch campus of eastern New Mexico university in Lincoln county;

(c) one million dollars ($1,000,000) to plan, design, construct, upgrade and equip critical safety upgrades campuswide at eastern New Mexico university in Portales in Roosevelt county; and

(d) seven million dollars ($7,000,000) to plan, design, construct, renovate, furnish and equip the Roosevelt science hall at eastern New Mexico university in Portales in Roosevelt county;

(2) to the higher education department:

(a) thirteen million dollars ($13,000,000) to plan, design, construct, furnish and equip a new student services facility and to demolish the old student services facility at central New Mexico community college in Albuquerque in Bernalillo county;

(b) one million dollars ($1,000,000) to plan, design, construct, renovate and equip infrastructure improvements at southwestern Indian polytechnic institute in Albuquerque in Bernalillo county;

(c) seven hundred fifty thousand dollars ($750,000) to plan, design, construct, repair and replace roofs and parking lots at Clovis community college in Clovis in Curry county;

(d) three hundred twenty-five thousand dollars ($325,000) to replace exterior doors, fire doors and security card readers at Clovis community college in Clovis in Curry county;

(e) one million eight hundred seventy-five thousand dollars ($1,875,000) to plan, design, construct, renovate, repair and equip security controls, building vestibules, sidewalks, tunnels and shade structures at New Mexico junior college in Hobbs in Lea county;

(f) one million four hundred thousand dollars ($1,400,000) to plan, design, construct, renovate, repair and equip Watson hall at New Mexico junior college in Hobbs in Lea county;

(g) one million two hundred fifty thousand dollars ($1,250,000) to plan, design, construct and renovate the science and trades building at Navajo technical university in Crownpoint in McKinley county;

(h) four hundred twenty-five thousand dollars ($425,000) to plan, design, construct and renovate the central student services center at Mesalands community college in Tucumcari in Quay county;

(i) one million dollars ($1,000,000) to plan, design, construct, renovate, furnish and equip an agricultural multipurpose center at the Shiprock branch campus of Dine college in San Juan county;

(j) three million nine hundred thousand dollars ($3,900,000) to plan, design, construct, renovate and equip infrastructure improvements campuswide at San Juan college in Farmington in San Juan county;

(k) one million dollars ($1,000,000) to plan, design, construct and replace heating, ventilation and air conditioning systems at Luna community college in Las Vegas in San Miguel county;

(l) five hundred thousand dollars ($500,000) to plan, design, construct, renovate and equip collection facilities and for infrastructure upgrades at the institute of American Indian arts in Santa Fe county; and

(m) two million dollars ($2,000,000) to plan, design, construct, renovate and equip infrastructure improvements, including fencing and stucco, at Santa Fe community college in Santa Fe county;

(3) to the Indian affairs department, seven hundred thousand dollars ($700,000) to plan, design, construct and upgrade infrastructure, including entry boundary fencing and storm water drainage and mitigation, at Santa Fe Indian school in Santa Fe in Santa Fe county;

(4) to the board of regents of the New Mexico school for the blind and visually impaired, nine hundred forty thousand dollars ($940,000) to plan, design, construct, renovate, furnish and equip the Tapia building at the New Mexico school for the blind and visually impaired in Alamogordo in Otero county;

(5) to the board of regents of New Mexico highlands university, seven million two hundred thousand dollars ($7,200,000) to plan, design, construct and renovate Sininger hall at New Mexico highlands university in Las Vegas in San Miguel county;

(6) to the board of regents of the New Mexico institute of mining and technology, twelve million dollars ($12,000,000) to plan, design, construct, furnish and equip Kelly hall at the New Mexico institute of mining and technology in Socorro in Socorro county;

(7) to the board of regents of the New Mexico military institute:

(a) one million dollars ($1,000,000) to plan, design, construct and renovate bathrooms at the barracks at the New Mexico military institute in Roswell in Chaves county; and

(b) two million dollars ($2,000,000) to plan, design, construct and renovate roofs at Wilson hall, Godfrey athletic center and Toles learning center at the New Mexico military institute in Roswell in Chaves county;

(8) to the board of regents of the New Mexico school for the deaf, two million six hundred fifty thousand dollars ($2,650,000) to plan, design, construct, renovate, furnish and equip the dining hall at the New Mexico school for the deaf in Santa Fe in Santa Fe county;

(9) to the board of regents of New Mexico state university:

(a) one million three hundred fifty thousand dollars ($1,350,000) to plan, design, construct, furnish and equip upgrades, including exterior stucco, to Martinez hall at the Grants branch campus of New Mexico state university in Cibola county;

(b) eighteen million eight hundred thirty thousand dollars ($18,830,000) to plan, design, construct, renovate, furnish and equip improvements to the science and engineering facilities for agricultural research, including demolition, at New Mexico state university in Las Cruces in Dona Ana county;

(c) three million three hundred ninety-one thousand dollars ($3,391,000) to plan, design, construct, renovate, furnish and equip a new infrastructure technology building at New Mexico state university in Las Cruces in Dona Ana county;

(d) one million four hundred fifty thousand dollars ($1,450,000) to plan, design, construct, repair and renovate security and surveillance infrastructure, exterior locks and lighting at the Dona Ana branch community college of New Mexico state university in Dona Ana county;

(e) one million dollars ($1,000,000) to plan, design, construct, furnish and equip campuswide infrastructure, parking lot and site improvements, including roofs and accessibility compliance, at the Carlsbad branch campus of New Mexico state university in Eddy county;

(f) nine hundred thousand dollars ($900,000) to plan, design, construct, renovate, furnish and equip the physical plant building at the Alamogordo branch campus of New Mexico state university in Otero county; and

(g) three million dollars ($3,000,000) to plan, design, construct, renovate, furnish and equip improvements to New Mexico state university agricultural science centers statewide;

(10) to the board of regents of northern New Mexico state school, two million five hundred thousand dollars ($2,500,000) to plan, design, construct, renovate and improve infrastructure, including parking lots, drainage and storm water systems, at the Espanola campus of northern New Mexico state school in Rio Arriba county;

(11) to the board of regents of the university of New Mexico:

(a) thirteen million five hundred thousand dollars ($13,500,000) to plan, design, construct, renovate and equip infrastructure upgrades, including wireless internet, at the university of New Mexico in Albuquerque in Bernalillo;

(b) thirty million dollars ($30,000,000) to plan, design, construct, furnish and equip a nursing and population health building for the health sciences center at the university of New Mexico in Albuquerque in Bernalillo county;

(c) one million eight hundred thousand dollars ($1,800,000) to plan, design, construct, renovate and equip fire safety infrastructure upgrades at the Valencia branch campus of the university of New Mexico in Valencia county;

(d) one million five hundred thousand dollars ($1,500,000) to plan, design, construct and renovate the workforce development and continuing technical education laboratory at the Los Alamos branch campus of the university of New Mexico in Los Alamos county;

(e) three million dollars ($3,000,000) to plan, design, construct, furnish and equip a center for career technologies facility at the Gallup branch campus of the university of New Mexico in McKinley county; and

(f) two million two hundred fifty thousand dollars ($2,250,000) to plan, design and construct site improvements, including roadways and parking lots, at the Klauer campus of the Taos branch campus of the university of New Mexico in Taos county; and

(12) to the board of regents of western New Mexico university, two million five hundred thousand dollars ($2,500,000) to plan, design, construct, renovate and equip the Harlan and Fleming commons area and for other improvements campuswide at western New Mexico university in Silver City in Grant county.

SECTION 11. ELECTION.--

A. Bonds issued pursuant to the 2020 Capital Projects General Obligation Bond Act shall be submitted to the registered voters of the state at the general election to be held in November 2020, and, if they receive a majority of all the votes cast thereon at such election, shall take effect upon certification of the state canvassing board announcing the results of the election. No bonds shall be issued or sold under that act until the registered voters of this state have voted upon and approved the bonds and property tax as provided in this section. Any bonds issued under that act shall be issued within thirty months from the date of such election.

B. The ballots used at the 2020 general election shall contain substantially the following language:

(1) "The 2020 Capital Projects General Obligation Bond Act authorizes the issuance and sale of senior citizen facility improvement, construction and equipment acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed thirty-three million two hundred ninety-two thousand one hundred forty-one dollars ($33,292,141) to make capital expenditures for certain senior citizen facility improvement, construction and equipment acquisition projects and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?

For________________ Against___________________";

(2) "The 2020 Capital Projects General Obligation Bond Act authorizes the issuance and sale of library acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed nine million seven hundred fifty-one thousand four hundred thirty-three dollars ($9,751,433) to make capital expenditures for academic, public school, tribal and public library resource acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?

For________________ Against___________________"; and

(3) "The 2020 Capital Projects General Obligation Bond Act authorizes the issuance and sale of higher education, special schools and tribal schools capital improvement and acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed one hundred fifty-three million six hundred forty-three thousand eight hundred twenty-one dollars ($153,643,821) to make capital expenditures for certain higher education, special schools and tribal schools capital improvements and acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?

For________________ Against___________________". C. Each question set forth in this section includes a specific work or object to be financed by the bonds. If any such question is not approved by a majority vote of the electorate at the state's 2020 general election, the issuance of bonds for the work or object specified by the question shall be excluded from and shall not be part of the 2020 Capital Projects General Obligation Bond Act. The failure of a question to be approved by the electorate at the 2020 general election shall not affect those questions that are approved at the election.

D. The secretary of state shall include the submission of the capital projects general obligation bonds to the people at the 2020 general election, and it shall be included in the general election proclamation. The secretary of state shall cause the 2020 Capital Projects General Obligation Bond Act to be published in full in at least one newspaper in each county of the state if one be published therein, once each week, for four successive weeks next preceding the general election as required by the constitution of New Mexico.

SECTION 12. ART IN PUBLIC PLACES.--Pursuant to Section 13-4A-4 NMSA 1978 and where applicable, the appropriations authorized in the 2020 Capital Projects General Obligation Bond Act include money for the art in public places fund.

SECTION 13. PROJECT SCOPE--EXPENDITURES--REVERSION.--

A. If an appropriation for a project authorized in the 2020 Capital Projects General Obligation Bond Act is not sufficient to complete all the purposes specified, the appropriation may be expended for any portion of the purposes specified in the appropriation. Expenditures shall not be made for purposes other than those specified in the appropriation.

B. The state agencies and state institutions to which money has been appropriated in the 2020 Capital Projects General Obligation Bond Act shall be responsible for monitoring the projects funded in that act to ensure compliance with the constitution and laws of New Mexico and shall cause to be reverted any unexpended or unencumbered balance remaining at the earlier of the third full fiscal year after issuance of the bonds or the termination or completion of the specific project. Reverted funds shall be deposited in the debt service fund established by the state treasurer for the purpose of paying the principal of and interest on the state's general obligation bonds.

SECTION 14. SEVERABILITY.--If any part or application of the 2020 Capital Projects General Obligation Bond Act is held invalid, the remainder or its application to other situations or persons shall not be affected.

SECTION 15. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.

- 34 -