New Mexico § 6-26-3 Definitions

New Mexico Statutes

§ 6-26-3 — Definitions

New Mexico § 6-26-3

Ch. 6Public Finances

Art. 26Behavioral Health Capital Funding Act

This text of New Mexico § 6-26-3 (Definitions) 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. § 6-26-3 (2026).

Text

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 h

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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.