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Section 19-7-62 - Annual appropriation for refunds; payment from state lands maintenance fund.

NM Stat § 19-7-62 (2019) (N/A)
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There is appropriated annually out of the state lands maintenance fund created by Section 19-1-11 NMSA 1978 the sum of five hundred thousand dollars ($500,000) or such part thereof as may be necessary for the purpose of making refunds of payments determined in the manner provided by Sections 19-7-59 through 19-7-63 NMSA 1978 to have been erroneously collected; provided, however, that any refund of money paid into any fund other than the state lands maintenance fund shall be made only out of that part of the state lands maintenance fund distributable to the fund into which such payment was erroneously made, under the provisions of Section 19-1-13 NMSA 1978.

History: Laws 1931, ch. 99, § 4; 1941 Comp., § 8-861; 1953 Comp., § 7-8-66; Laws 1979, ch. 234, § 3; 2007, ch. 61, § 3.

The 2007 amendment, effective July 1, 2007, increased the annual appropriation for refunds from $200,000 to $500,000.

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Section 19-7-62 - Annual appropriation for refunds; payment from state lands maintenance fund.