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.
§ 73-25-18 NMSA 1978
Matching funds
Known as the Regional Transit District Act
The act spans §§ 73-25-1 to 73-25-9 (19 sections).
Laws 2003, ch. 65, § 18.
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.