HOUSE CAPITAL OUTLAY REQUEST 477
STATE OF NEW MEXICO
43RD LEGISLATURE - SECOND SESSION, 1998
REQUESTED BY
DAVID M. PARSONS
REAUTHORIZATIONS; EXPANDING THE PURPOSES AND EXTENDING THE
EXPENDITURE PERIODS OF SEVERANCE TAX BONDS TO RENOVATE FORT
STANTON HOSPITAL AND THE NEW MEXICO LAW ENFORCEMENT ACADEMY.
Notwithstanding the provisions of Laws 1996, Chapter
14, Section 14, the period of time in which the
appropriation from severance tax bond proceeds to the
property control division of the general services department
made in Subsection S of Section 14 of Chapter 367 of Laws
1993 may be expended through fiscal year 2002 and the
purpose expanded to repair and renovate buildings at Fort
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Stanton hospital located in Lincoln county. Any unexpended
or unencumbered balance remaining from the proceeds of the
bonds at the end of fiscal year 2002 shall revert to the
severance tax bonding fund.
Notwithstanding the provisions of Laws 1996, Chapter
14, Section 15, the period of time in which the
appropriation from severance tax bond proceeds to the
property control division of the general services department
made in Subsection H of Section 13 of Chapter 148 of Laws
1994 may be expended through fiscal year 2002 and the
purpose expanded to repair and renovate buildings at Fort
Stanton hospital located in Lincoln county. Any unexpended
or unencumbered balance remaining from the proceeds of the
bonds at the end of fiscal year 2002 shall revert to the
severance tax bonding fund.
Notwithstanding the provisions of Subsection D of
Section 1 of Chapter 148 of Laws of 1994, the balance of the
proceeds from the sale of severance tax bonds to the general
services department pursuant to Subsection K of Section 13
of Chapter 148 of Laws 1994 to construct, furnish and equip
an expansion to the New Mexico law enforcement academy
located in Santa Fe county may also be expended to resurface
the track at the law enforcement academy. The period of
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time for expenditure of this appropriation is extended
through fiscal year 1999. Any unexpended or unencumbered
balance remaining at the end of fiscal year 1999 shall
revert to the severance tax bonding fund.