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Section 68-2-21 - Revolving fund created.

NM Stat § 68-2-21 (2019) (N/A)
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There is created in the state treasury a revolving fund to be known as the "conservation planting revolving fund". The conservation planting revolving fund shall consist of money appropriated to the fund by the legislature, all receipts from the sale of trees for conservation plantings and any other revenues directed to the fund. Expenditures may be made from the conservation planting revolving fund upon vouchers signed by the state forester and warrants issued by the secretary of finance and administration for the purpose of purchasing, selling or distributing trees to New Mexico landowners, schools, civic or community groups or other organizations for conservation plantings or generally to protect or enhance the state's environment. Money in the conservation planting revolving fund shall not revert to the state general fund.

History: 1978 Comp., § 68-2-21, enacted by Laws 1979, ch. 221, § 2; 1979, ch. 395, § 7; 1990, ch. 96, § 6; 1991, ch. 3, § 1.

The 1991 amendment, effective June 14, 1991, in the second sentence, inserted "to the fund" near the middle, added "and any other revenues directed to the fund" at the end, and made a related stylistic change.

The 1990 amendment, effective May 16, 1990, in the second sentence, inserted "money appropriated by the legislature and" and substituted "trees" for "tree seedlings to New Mexico landowners" and, in the third sentence, substituted "selling or distributing trees to New Mexico landowners, schools, civic or community groups or other organizations for conservation plantings or generally to protect or enhance the state's environment" for "tree seedlings for sale and distribution to New Mexico landowners for conservation plantings".

Duplicate laws. — Laws 1979, ch. 221, § 2, and Laws 1979, ch. 395, § 7, enacted new sections which were identical except for the second sentence in each. The section was set out as enacted by Laws 1979, ch. 395, § 7. The second sentence in Laws 1979, ch. 221, § 2, read: "The conservation planting revolving fund shall consist of all receipts from the sale of tree seedlings to New Mexico landowners for conservation plantings and money appropriated by this act." See 12-1-8 NMSA 1978.

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Section 68-2-21 - Revolving fund created.