Section 16-5-10 – Railroad loan retirement fund.
A. There is created the “railroad loan retirement fund”. Railroad user fees authorized pursuant to the Cumbres and Toltec Scenic Railroad Act may be deposited in the fund by the commission. The commission shall by resolution authorize the placement of the fund in an appropriate financial institution and shall also authorize the investment of money […]
Section 16-5-11 – Authorization to set and collect user fees.
The commission may establish user fees to be charged to passengers on the railroad. The fee schedule may provide for different fees for different classes of passengers. History: Laws 1989, ch. 26, § 5.
Section 16-5-12 – Tax exemption of interest charged on loan.
Any interest charged and collected by a financial institution for extending a loan to the commission is exempt from all taxes imposed by the state and its political subdivisions. History: Laws 1989, ch. 26, § 6.
Section 16-5-13 – Liberal interpretation.
The Cumbres and Toltec Scenic Railroad Act [16-5-1 to 16-5-13 NMSA 1978] shall be liberally construed to carry out its purpose. History: Laws 1989, ch. 26, § 7.
Section 16-6-1 – State fair commission; members; appointment; number; qualification; terms; oath; bond.
A. The governor shall appoint, with the advice and consent of the senate, a “state fair commission”, consisting of seven members, for terms of five years each; provided that the first appointments shall be made of two commissioners for one-year terms, two for two-year terms, one for a three-year term, one for a four-year term […]
Section 16-4-17 – Repealed.
History: Laws 1983, ch. 18, § 9; repealed by Laws 2005, ch. 31, § 2. ANNOTATIONS Repeals. — Laws 2005, ch. 31, § 2 repealed 16-4-17 NMSA 1978, as enacted by Laws 1983, ch. 18, § 9, relating to state appropriations, effective June 17, 2005. For provisions of former section, see the 2004 NMSA 1978 […]
Section 16-5-1 – Execution of compact.
The legislature hereby approves and the governor is authorized to enter into a compact on behalf of this state with the state of Colorado in the form substantially as follows: CUMBRES AND TOLTEC SCENIC RAILROAD COMPACT The state of New Mexico and the state of Colorado, desiring to provide for the joint acquisition, ownership and […]
Section 16-5-1.1 – Short title.
Sections 16-5-1 through 16-5-7 NMSA 1978 and Sections 1 through 7 of this act [16-5-1.1, 16-5-8 tp 16-5-13 NMSA 1978] may be cited as the “Cumbres and Toltec Scenic Railroad Act”. History: Laws 1989, ch. 26, § 1. ANNOTATIONS
Section 16-4-10 – Declaration of policy and funding intent.
A. The preservation, protection and maintenance of the natural and scenic beauty of a designated portion of the Rio Grande and its immediate corridor is in the public interest. The designation of the Rio Grande Valley state park will enable people to enjoy the recreational, environmental, educational and wildlife benefits of the river. Therefore, the […]
Section 16-4-11 – Definitions.
As used in the Rio Grande Valley State Park Act [16-4-9 to 16-4-17 NMSA 1978]: A. “conservancy district” means the middle Rio Grande conservancy district; B. “operating party” means the party designated by the secretary to manage the state park; and C. “secretary” means the secretary of energy, minerals and natural resources. History: Laws 1983, […]