New Mexico 2025 Regular Session

New Mexico Senate Bill SB227 Compare Versions

Only one version of the bill is available at this time.
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11 underscored material = new
22 [bracketed material] = delete
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2828 SENATE BILL 227
2929 57
3030 TH LEGISLATURE
3131 -
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3333 STATE
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3535 OF
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3737 NEW
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3939 MEXICO
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4242 FIRST SESSION
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4545 2025
4646 INTRODUCED BY
4747 George K. Muñoz
4848 FOR THE LEGISLATIVE FINANCE COMMITTEE
4949 AN ACT
5050 RELATING TO STATE RESERVES; PROVIDING THAT STATE RESERVES SHALL
5151 CONSIST OF CERTAIN FUNDS.
5252 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
5353 SECTION 1. A new section of Chapter 6, Article 4 NMSA
5454 1978 is enacted to read:
5555 "[NEW MATERIAL] STATE RESERVES.--The state reserves
5656 consist of the:
5757 A. appropriation contingency fund;
5858 B. general fund operating reserve;
5959 C. government results and opportunity expendable
6060 trust;
6161 D. state-support reserve fund; and
6262 E. tax stabilization reserve."
6363 .229488.1