New Mexico Statutes
§ 73-25-18 — Matching funds
The local government members of a combination shall match at least one dollar ($1.00) for every four dollars ($4.00) provided by the state. Before a district is able to receive state matching funds, it must be certified by the commission pursuant to Section 4 [73-25-4 NMSA 1978] of the Regional Transit District Act.
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Legislative History
Laws 2003, ch. 65, § 18.
Nearby Sections
15
§ 73-1-1
[Purpose of districts.]§ 73-1-15
[District court procedure; notice.]