§ 15-3B-16 — Capital program; fund created; allocation and

New Mexico § 15-3B-16

• Jurisdiction: New Mexico
• Ch. 15: Administration of Government
• Art. 3B: Property Control

Text

expenditure for capital outlay. A. The "capital program fund" is created in the state treasury. To this fund shall be credited all appropriations for capital outlay projects under the jurisdiction of the division. B. The capital program fund shall be allocated by the division for capital outlay projects specified by the legislature in accordance with the provisions of the Property Control Act.

Legislative History

1953 Comp., § 6-2-44, enacted by Laws 1972, ch. 74, § 3; 1983, ch. 301, § 53;