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