New Mexico Statutes

§ 71-7-5 — Clean energy grants fund

New Mexico § 71-7-5
JurisdictionNew Mexico
Ch. 71Energy and Minerals
Art. 7Advanced Energy Technologies Economic

This text of New Mexico § 71-7-5 (Clean energy grants fund) 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. § 71-7-5 (2026).

Text

The "clean energy grants fund" is created in the state treasury. The fund shall consist of money appropriated and transferred to the fund and tax revenues distributed to the fund by law. Earnings from investment of the fund shall be credited to the fund. Money in the fund is subject to appropriation by the legislature to the department for the purpose of administering the clean energy grants program pursuant to the Advanced Energy Technologies Economic Development Act. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert. Disbursements from the fund shall be made upon warrants drawn by the secretary of finance and administration pursuant to vouchers signed by the secretary of energy, minerals and natural resources.

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Legislative History

Laws 2004, ch. 55, § 5.

Nearby Sections

15
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Bluebook (online)
New Mexico § 71-7-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/71/71-7-5.