0001| SENATE BILL 97 | 0002| 43RD LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 1998 | 0003| INTRODUCED BY | 0004| PHIL A. GRIEGO | 0005| | 0006| | 0007| | 0008| | 0009| | 0010| AN ACT | 0011| RELATING TO FIRE PROTECTION; PROVIDING FOR A DISTRIBUTION FROM | 0012| THE FIRE PROTECTION FUND TO PROVIDE FOR VEHICLE AND APPARATUS | 0013| PURCHASES; MAKING AN APPROPRIATION. | 0014| | 0015| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0016| Section 1. A new section of the Fire Protection Fund Law | 0017| is enacted to read: | 0018| "[|NEW MATERIAL|] VEHICLE AND APPARATUS ACQUISITION FUND- | 0019| -CREATED--DISTRIBUTION--ADVISORY COMMITTEE.-- | 0020| A. The "vehicle and apparatus acquisition fund" is | 0021| created in the state treasury. Annually, prior to | 0022| distribution of the fire protection fund as provided in | 0023| Section 59A-53-7 NMSA 1978, five percent of the total amount | 0024| in the fire protection fund shall be distributed to the | 0025| vehicle and apparatus acquisition fund. Money in the fund | - 1 - 0001| shall be distributed annually by the marshal to the treasurers | 0002| of incorporated municipalities or counties that are recipients | 0003| of grants to acquire firefighting vehicles and related | 0004| apparatus as provided in this section. | 0005| B. The marshal shall appoint a "vehicle and | 0006| apparatus acquisition advisory committee" to assist him in | 0007| developing a grant application process and approving grants | 0008| for distributions from the fund. | 0009| C. Each municipality or county applying for a | 0010| grant shall provide a detailed statement and plan for | 0011| providing matching funds and the financial or in-kind match to | 0012| be provided. A minimum local match of twenty-five percent is | 0013| required. The municipality or county may satisfy the match | 0014| requirement through a loan from the New Mexico finance | 0015| authority. | 0016| D. A grant shall not be made for more than | 0017| seventy-five percent of the cost of a vehicle and shall not | 0018| exceed one hundred fifty thousand dollars ($150,000) for each | 0019| municipality or county." | 0020|  |