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Section 67-3-70 - Use of appropriated funds.

NM Stat § 67-3-70 (2019) (N/A)
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The department may expend such portion of its appropriated funds as it deems necessary to effectuate the purposes of the Public Mass Transportation Act [67-3-67 to 67-3-70 NMSA 1978].

History: 1953 Comp., § 55-2-58, enacted by Laws 1975, ch. 343, § 4; 1977, ch. 250, § 37; 1987, ch. 268, § 39; 2003, ch. 68, § 1; 2003, ch. 142, § 68.

2003 amendments — Identical amendmens to this section were enacted by Laws 2003, ch. 68, § 1 and Laws 2003, ch. 142, § 68, effective July 1, 2003, deleting "state highway and transportation" preceding "department"; and deleting "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" at the end of the section. The section is set out as amended by Laws 2003, ch. 142, § 68. See 12-1-8 NMSA 1978.

The 1987 amendment, effective July 1, 1987, inserted "state highway and" preceding "transportation department" near the beginning and substituted "the Public Mass Transportation Act" for "this Act" near the middle of the section.

The 1977 amendment substituted "transportation department" for "highway department" and "appropriated funds as" for "state road funds" and deleted "state road" following "expenditure of."

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Section 67-3-70 - Use of appropriated funds.