PocketLaw | New Mexico Statutes | Severance Tax Bonding Act

Severance Tax Bonding Act

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Appendix to Article 27

Short title.

Severance tax bonding fund created.

Severance tax permanent fund created.

Section
7-27-3.1

Transfer of investment powers.

Section
7-27-3.2

Definition.

Section
7-27-3.3

Severance tax permanent fund; annual distributions.

Repealed.

Investment of severance tax permanent fund.

Section
7-27-5.1

Repealed.

Section
7-27-5.2

Repealed.

Section
7-27-5.3

Conventional mortgage pass-through securities.

Section
7-27-5.4

New Mexico business investments.

Section
7-27-5.5

Educational loan notes.

Section
7-27-5.6

Repealed.

Section
7-27-5.7

Repealed.

Section
7-27-5.8

Repealed.

Section
7-27-5.9

Repealed.

Section
7-27-5.10

Repealed.

Section
7-27-5.11

Repealed.

Section
7-27-5.12

Repealed.

Section
7-27-5.13

Educational institution research and development facilities revenue bonds.

Section
7-27-5.14

Findings and purpose.

Section
7-27-5.15

New Mexico private equity funds and New Mexico business investments.

Section
7-27-5.16

Repealed.

Section
7-27-5.17

Employers mutual company revenue bonds.

Section
7-27-5.18

Purpose.

Section
7-27-5.19

Deposits in New Mexico financial institutions; limitations.

Section
7-27-5.20

Deposits in New Mexico credit unions.

Section
7-27-5.21

New Mexico lottery revenue bonds.

Section
7-27-5.22

Severance tax permanent fund; investment in obligations issued under Section 33-1-19 NMSA 1978 for corrections facilities.

Section
7-27-5.23

Repealed.

Section
7-27-5.24

Severance tax permanent fund; investment in obligations issued for state capitol buildings and renovations.

Section
7-27-5.25

Repealed.

Section
7-27-5.26

Investment in films to be produced in New Mexico.

Section
7-27-5.27

Local government emergency economic relief.

Severance tax bonding fund pledged.

Special income to retire bonds.

Transfer of money to severance tax permanent fund.

Bonds to be known as severance tax bonds and supplemental severance tax bonds.

Section
7-27-10

State board of finance shall issue bonds.

Section
7-27-10.1

Transfer to severance tax permanent fund before determining bonding capacity; authorization for severance tax bonds; priority for water projects and tribal infrastructure projects.

Section
7-27-11

Authority to refund bonds.

Section
7-27-11.1

Repealed.

Section
7-27-12

When severance tax bonds to be issued.

Section
7-27-12.1

Severance tax bonds; purpose for which issued; appropriation of proceeds.

Section
7-27-12.2

Supplemental severance tax bonds; public school capital outlay and other projects.

Section
7-27-12.3

Administration of certain bond proceeds appropriated to the public school capital outlay fund.

Section
7-27-12.4

Authorization for severance tax bonds for severance tax transportation fund; appropriation of proceeds.

Section
7-27-12.5

Authorization for severance tax bonds; priority for infrastructure projects for colonias.

Section
7-27-13

Reserved.

Section
7-27-14

Amount of tax; security for bonds.

Section
7-27-15

Majority approval necessary for board action.

Section
7-27-16

Form of bonds.

Section
7-27-17

Execution of bonds.

Section
7-27-18

Procedure for sale of bonds.

Section
7-27-19

Severance tax bonds and supplemental severance tax bonds legal investments.

Section
7-27-20

Expenses paid from severance tax bonding fund.

Section
7-27-21

Treasurer to make bond payments and keep records.

Section
7-27-22

Severance tax bonding act to be full authority for issuance of bonds.

Section
7-27-23

Suit may be brought to compel performance of officers.

Section
7-27-24

Bonds tax free.

Section
7-27-25

No impairment of obligation of contract.

Section
7-27-26

Severance tax bonding fund continued.

Section
7-27-27

Purpose and intent.

Section
7-27-28

Repealed.

Section
7-27-29

Repealed.

Section
7-27-30

Repealed.

Section
7-27-31

Severance tax income bond retirement fund created.

Section
7-27-32

Severance tax income bond retirement fund pledged.

Section
7-27-33

Repealed.

Section
7-27-34

Repealed.

Section
7-27-35

Repealed.

Section
7-27-36

Repealed.

Section
7-27-37

Repealed.

Section
7-27-38

Repealed.

Section
7-27-39

Repealed.

Section
7-27-40

Repealed.

Section
7-27-41

Repealed.

Section
7-27-42

Severance tax income bonds; legal investments.

Section
7-27-43

Expenses paid from severance tax income bond retirement fund.

Section
7-27-44

Treasurer to make bond payments and keep records.

Section
7-27-45

Repealed.

Section
7-27-46

Suit may be brought to compel performance of officers.

Section
7-27-47

Bonds tax-free.

Section
7-27-48

Temporary provision; no impairment of obligation of contract.