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§ 6-29-9 NMSA 1978

Tribal capital outlay reversions

Known as the Tribal Infrastructure Act

The act spans §§ 6-29-1 to 6-29-9 (9 sections).

Laws 2008, ch. 81, § 3.

A. The unexpended balances of a capital outlay appropriation made after January 1, 2007 from the general fund to the department or to the aging and long-term services department for projects located on lands of an Indian nation, tribe or pueblo shall revert to the project fund.

B. For the purpose of this section, "unexpended balance" means the remainder of an appropriation after reserving for unpaid costs and expenses covered by binding written obligations to third parties.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.