Chapter 4, Article 48B NMSA 1978 may be cited as the “Hospital Funding Act”. History: 1978 Comp., § 4-48B-1, enacted by Laws 1981, ch. 83, § 1; 1982, ch. 11, § 1. ANNOTATIONS Cross references. — For the Statewide Health Care Act, see 27-10-1 NMSA 1978 et seq. Am. Jur. 2d, A.L.R. and C.J.S. references. […]
A. The county commissioners of a county or counties maintaining or operating a county hospital are authorized to appoint a hospital governing board to be composed of either five, seven or nine members. The hospital governing board so appointed shall have the authority to exercise all powers that the county is granted by the Hospital […]
The county commissioners and the hospital governing board shall have full power and authority to accept federal funds for the erection or enlargement of county hospitals and the maintenance and operation thereof, and to contract as a condition to the acceptance of such funds for the perpetual care in such hospitals of Indian patients at […]
A. The county commissioners are authorized to impose a mill levy and collect annual assessments against the net taxable value of the property in a county to pay the cost of operating and maintaining county hospitals or to pay to contracting hospitals in accordance with a health care facilities contract and in class A counties […]
Any county hospital operated and maintained pursuant to a lease as authorized by the Hospital Funding Act which has mill levies levied and collected for its maintenance and operation pursuant to that act may expend those funds for the operation and maintenance of the hospital and the use of the funds is declared to be […]
A. Charges for care, treatment and services for any person sent by order of a district court to any county hospital or municipally owned hospital serving as a county hospital which is located outside the county of commitment shall be paid: (1) by the patient, if he is able to pay; or (2) by the […]
A. In the event the county commissioners of a county, other than a class A county, desire to provide the mill levy authorized in Paragraph (2) of Subsection A of Section 4-48B-12 NMSA 1978, the county commissioners shall submit to the qualified electors of the county the question of levying those taxes not to exceed […]
All elections authorizing a mill levy assessment for hospital use which were held prior to the effective date of the Hospital Funding Act are declared valid for the use and purposes of that act, and such mill levy may be imposed and collected during the period of the authorization or any continuation thereof, and the […]
The hospital governing board of a county hospital and regents of a state educational institution operating a county hospital under a contract approved by the state board of finance may establish retirement plans and programs for employees of a county hospital under their control. In establishing a retirement plan or program for county hospital employees, […]
A. The counties agreeing jointly under Section 8 [9] [4-48B-9 NMSA 1978] of the Hospital Funding Act and the county or counties entering into an agreement with a municipality under Section 9 of the Hospital Funding Act may issue, separately, revenue bonds pursuant to that act for the purpose of constructing, purchasing, renovating, remodeling, equipping […]
It is unlawful to divert, use or expend any money received from the issuance of bonds for any purpose other than the purpose for which the bonds were issued. History: 1978 Comp., § 4-48B-19, enacted by Laws 1981, ch. 83, § 19. ANNOTATIONS Constitutionality of use of bond proceeds. — Use of bond moneys for […]
The purpose of the Hospital Funding Act is: A. to encourage and enable counties and other political subdivisions to provide appropriate and adequate hospital facilities for the sick of the counties; B. to provide flexibility in financing construction, operation and maintenance of necessary hospital facilities; and C. to minimize the cost of constructing new hospital […]
Hospital revenue bonds: A. shall bear interest payable annually or semiannually and may or may not be evidenced by coupons; provided the first interest payment date may be for interest accruing for any period not exceeding one year; B. may be subject to a prior redemption at the option of the county at such time […]
At a regular or special meeting called for the purpose of issuing revenue bonds as authorized pursuant to the Hospital Funding Act, the county commissioners may adopt an ordinance that: A. declares the necessity for issuing revenue bonds; B. authorizes the issuance of revenue bonds by an affirmative vote of a majority of the county […]
Revenue bonds issued by a county under the authority of the Hospital Funding Act shall not be the general obligation of the county within the meaning of Article 9, Sections 10 and 13 of the constitution of New Mexico. The bonds shall be payable solely out of all or a portion of the net revenues […]
A. The principal of and interest on any revenue bonds issued under the authority of the Hospital Funding Act shall be secured by a pledge of the revenues out of which such bonds shall be payable and may be secured by a mortgage covering all or any part of the county hospital or jointly owned […]
The revenue bonds issued under authority of the Hospital Funding Act and the income from the bonds, all mortgages or other security instruments executed as security for the bonds, all agreement [agreements] made pursuant to the provisions of that act and the revenues derived therefrom by a county shall be exempt from all taxation by […]
The Hospital Funding Act shall not be construed as requiring an election by the voters of a county prior to the issuance of revenue bonds under that act by a county. History: 1978 Comp., § 4-48B-25, enacted by Laws 1981, ch. 83, § 25.
No notice, consent or approval by any governmental body, commission or public officer shall be required as a prerequisite to the sale or issuance of any revenue bonds or the making of a mortgage under the authority of the Hospital Funding Act, except as provided in that act. History: 1978 Comp., § 4-48B-26, enacted by […]
The legislature declares that hospitals are necessary public buildings with respect to which counties may borrow money for construction, purchase, renovation, remodeling, equipping or re-equipping and acquisition of necessary land. History: 1978 Comp., § 4-48B-27, enacted by Laws 1981, ch. 83, § 27. ANNOTATIONS Cross references. — For power of county commissioners with respect to […]
