0001| . SENATE BILL 455 | 0002| 42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, | 0003| 1996 | 0004| INTRODUCED BY | 0005| L. SKIP VERNON | 0006| | 0007| | 0008| | 0009| | 0010| | 0011| AN ACT | 0012| RELATING TO CAPITAL EXPENDITURES; AUTHORIZING THE ISSUANCE OF | 0013| SEVERANCE TAX BONDS TO PLAN, DESIGN, CONSTRUCT, EQUIP OR | 0014| RENOVATE CERTAIN JUVENILE FACILITIES LOCATED THROUGHOUT THE | 0015| STATE; MAKING APPROPRIATIONS; DECLARING AN EMERGENCY. | 0016| | 0017| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0018| Section 1. SEVERANCE TAX BONDS--AUTHORIZATIONS--APPROPRIATION OF PROCEEDS.-- | 0019| A. The state board of finance may issue and sell | 0020| severance tax bonds in compliance with the Severance Tax Bonding | 0021| Act in an amount not to exceed the total of the amounts | 0022| authorized for purposes specified in Sections 2 and 3 of this | 0023| act. The state board of finance shall schedule the issuance and | 0024| sale of the bonds in the most expeditious and economical manner | 0025| possible upon a finding by the board that the project has been | 0001| developed sufficiently to justify the issuance and that the | 0002| project can proceed to contract within a reasonable time. The | 0003| state board of finance shall further take the appropriate steps | 0004| necessary to comply with the Internal Revenue Code of 1986, as | 0005| amended. Proceeds from the sale of the bonds are appropriated | 0006| for the purposes specified in Sections 2 and 3 of this act. | 0007| B. The agencies named in Sections 2 and 3 of this | 0008| act shall certify to the state board of finance when the money | 0009| from the proceeds of the severance tax bonds authorized in this | 0010| section is needed for the purposes specified in the applicable | 0011| section of this act. | 0012| C. If the specified agency has not certified the | 0013| need for the issuance of the bonds by the end of fiscal year | 0014| 1999, the authorization provided in this act shall be void. | 0015| D. Unless otherwise specified in this act, any | 0016| unexpended or unencumbered balance remaining from the proceeds | 0017| of severance tax bonds issued pursuant to Sections 2 and 3 of | 0018| this act at the end of fiscal year 2000 shall revert to the | 0019| severance tax bonding fund. | 0020| Section 2. SEVERANCE TAX BONDS--PROPERTY CONTROL DIVISION | 0021| OF THE GENERAL SERVICES DEPARTMENT--PURPOSES.--Pursuant to the | 0022| provisions of Section 1 of this act, upon certification by the | 0023| property control division of the general services department | 0024| that the need exists for the issuance of the bonds, the | 0025| following amounts are appropriated to the property control | 0001| division of the general services department for the following | 0002| purposes: | 0003| (1) four hundred thousand one hundred dollars | 0004| ($400,100) to construct a new special adjustment unit at the | 0005| youth diagnostic development center located in Bernalillo county | 0006| to provide additional bed space; | 0007| (2) five million five hundred ninety thousand | 0008| nine hundred dollars ($5,590,900) to design, construct or equip | 0009| a secured facility for juveniles located in southern New Mexico; | 0010| (3) five hundred thirty-two thousand dollars | 0011| ($532,000) to repair or make improvements to the facilities at | 0012| the youth diagnostic development center located in Bernalillo | 0013| county; | 0014| (4) one million three hundred fifty thousand | 0015| dollars ($1,350,000) to construct or renovate a leadership camp | 0016| facility located in southern New Mexico; | 0017| (5) four hundred four thousand dollars | 0018| ($404,000) to renovate the Eagle Nest reintegration center to be | 0019| used as an environmental work camp located in Colfax county; | 0020| (6) three hundred thousand dollars ($300,000) | 0021| to renovate a working farm or ranch to be used as an | 0022| environmental work camp in eastern New Mexico; | 0023| (7) two hundred fifty-six thousand one hundred | 0024| dollars ($256,100) to renovate a building to be used as a | 0025| transitional unit at the youth diagnostic development center | 0001| located in Bernalillo county; | 0002| (8) three hundred seventy-five thousand dollars | 0003| ($375,000) to construct or renovate a building to be used as a | 0004| transitional unit for juveniles in Roswell located in Chaves | 0005| county; and | 0006| (9) three hundred seventy-five thousand dollars | 0007| ($375,000) to construct or renovate a building to be used as a | 0008| transitional unit for juveniles in Las Cruces located in Dona | 0009| Ana county. | 0010| Section 3. SEVERANCE TAX BONDS--CHILDREN, YOUTH AND | 0011| FAMILIES DEPARTMENT--PURPOSE.--Pursuant to the provisions of | 0012| Section 1 of this act, upon certification by the children, youth | 0013| and families department that the need exists for the issuance of | 0014| the bonds, three hundred thousand dollars ($300,000) is | 0015| appropriated to the children, youth and families department for | 0016| the purpose of providing matching funds to construct a regional | 0017| multipurpose facility for juveniles. | 0018| Section 4. EMERGENCY.--It is necessary for the public | 0019| peace, health and safety that this act take effect immediately. | 0020|  | 0021| | 0022| | 0023| FORTY-SECOND LEGISLATURE | 0024| SECOND SESSION, 1996 | 0025| | 0001| | 0002| JANUARY 30, 1996 | 0003| | 0004| Mr. President: | 0005| | 0006| Your COMMITTEES' COMMITTEE, to whom has been referred | 0007| | 0008| SENATE BILL 455 | 0009| | 0010| has had it under consideration and finds same to be GERMANE, PURSUANT | 0011| TO CONSTITUTIONAL PROVISIONS, and thence referred to the FINANCE | 0012| COMMITTEE. | 0013| | 0014| Respectfully submitted, | 0015| | 0016| | 0017| | 0018| | 0019| __________________________________ | 0020| SENATOR MANNY M. ARAGON, Chairman | 0021| | 0022| | 0023| | 0024| Adopted_______________________ Not Adopted_______________________ | 0025| (Chief Clerk) (Chief Clerk) | 0001| | 0002| | 0003| Date ________________________ | 0004| | 0005| | 0006| | 0007| S0455CC1 |