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Home » US Law » 2021 New Mexico Statutes » Chapter 59A - Insurance Code » Article 53 - Fire Protection Fund » Section 59A-53-18 – Fire protection grant fund; created; uses.

The “fire protection grant fund” is created in the state treasury. The fund shall consist of transfers, distributions, appropriations, gifts, grants, donations and bequests made to the fund. Income from the fund shall be credited to the fund, and money in the fund shall not revert or be transferred to any other fund at the end of a fiscal year. Money in the fund is appropriated to the fire protection grant council for the purposes of making distributions approved by the council for the critical needs of municipal fire departments and county fire districts. Expenditures from the fund shall be made on warrant of the secretary of finance and administration pursuant to vouchers signed by the marshal.

History: Laws 2006, ch. 103, § 7; 2012, ch. 20, § 17; 2017, ch. 1, § 7; 2021, ch. 125, § 2.

ANNOTATIONS

The 2021 amendment, effective July 1, 2021, provided that income from the fire protection grant fund shall be credited to the fire protection grant fund, and provided that money in the fire protection grant fund shall not revert at the end of a fiscal year; and after “bequests made to the fund”, added “Income from the fund shall be credited to the fund, and”, after “money in the fund shall”, added “not”, after “revert”, added “or be transferred”, and after “to”, deleted “the general” and added “any other”.

The 2017 amendment, effective June 16, 2017, required that balances in the fire protection grant fund revert to the general fund at the end of each fiscal year; and in the third sentence, deleted “Income from the fund shall be credited to the fund, and”, after “Money in the fund shall”, deleted “not”, and after “revert”, deleted “or be transferred to any other” and added “to the general”.

The 2012 amendment, effective May 16, 2012, corrected the reference to municipal fire departments, and in the third sentence, after “critical needs of municipal”, added “fire departments”.