SENATE PUBLIC AFFAIRS COMMITTEE SUBSTITUTE FOR

SENATE BILL 775

44th legislature - STATE OF NEW MEXICO - first session, 1999









AN ACT

RELATING TO TRANSPORTATION; AMENDING A SECTION OF THE NMSA 1978 TO REMOVE A STATUTORY LIMIT TO MONEY SPENT ON MASS TRANSPORTATION.



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

Section 1. Section 67-3-70 NMSA 1978 (being Laws 1975, Chapter 343, Section 4, as amended) is amended to read:

"67-3-70. USE OF APPROPRIATED FUNDS.--The [state highway and transportation] department may expend such portion of its appropriated funds as it deems necessary to effectuate the purposes of the Public Mass Transportation Act [provided that such expenditure of funds which are not eligible for federal reimbursement shall not exceed fifty thousand dollars ($50,000) in any one fiscal year]."

.127804.1