New Mexico § 6-24-2 Legislative findings

New Mexico Statutes

§ 6-24-2 — Legislative findings

New Mexico § 6-24-2

Ch. 6Public Finances

Art. 24New Mexico Lottery

This text of New Mexico § 6-24-2 (Legislative findings) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 6-24-2 (2026).

Text

The legislature finds that: A. lotteries have been enacted in many states and the revenues generated from those lotteries have contributed to the benefit of the residents of those states; B. many New Mexicans already participate in other state lotteries and support the establishment of a state lottery in New Mexico; and C. the most desirable, efficient and effective mechanism for operation of a state lottery is an independent lottery authority organized as a business enterprise separate from state government, without need for state revenues or resources and subject to oversight, audit and accountability by public officials and agencies.

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The legislature finds that: A. lotteries have been enacted in many states and the revenues generated from those lotteries have contributed to the benefit of the residents of those states; B. many New Mexicans already participate in other state lotteries and support the establishment of a state lottery in New Mexico; and C. the most desirable, efficient and effective mechanism for operation of a state lottery is an independent lottery authority organized as a business enterprise separate from state government, without need for state revenues or resources and subject to oversight, audit and accountability by public officials and agencies.