§ 6-26-3 — Definitions

As used in the Behavioral Health Capital Funding Act: A. "authority" means the New Mexico finance authority; B. "capital project" means acquisition, repair, renovation or construction of a behavioral health facility; purchase of land; or acquisition of capital equipment; C. "department" means the human services department [health care authority department]; D. "eligible entity" means: (1) a nonprofit behavioral health facility that is a 501(c)(3) nonprofit corporation for federal income tax purposes and serves primarily sick and indigent patients; or (2) a behavioral health care clinic that operates in a rural or other health care underserved area of the state, that is owned by a county or municipality and that meets department requirements for eligibility; E. "fund" means the behavioral health capital fund; F. "operating capital" means funds needed to meet short-term obligations, such as accounts payable, wages, debt servicing, lease and income tax payments; and G. "project" means a capital project or operating capital needed to support the increase of behavioral health services to sick and medically indigent persons.

Legislative History

Laws 2004, ch. 71, § 3; 2019, ch. 156, § 1; 2023, ch. 129, § 1.