There is a newer version of the New Mexico Statutes
2013 New Mexico Statutes
Chapter 1 - Elections
Article 9 - Voting Machines
Section 1-9-19 - Voting system revolving fund. (2010)
NM Stat § 1-9-19 (2013) What's This?
1-9-19. Voting system revolving fund. (2010)
A. The "voting system revolving fund" is created. The voting system revolving fund may be used:
(1) by the secretary of state to pay for hardware, software, firmware, maintenance and support for voting systems, whether state- or county-owned, certified for use in state elections; and
(2) by the counties to finance, by contract, the purchase of voting systems and necessary support equipment under the conditions stated in Section 1-9-17 NMSA 1978; provided that no expenditure shall be made pursuant to this paragraph if it would result in a fund balance of less than one million dollars ($1,000,000).
B. The voting system revolving fund may be expended upon vouchers signed by the secretary of finance and administration.
C. If at the end of a fiscal year the voting system revolving fund exceeds six million five hundred thousand dollars ($6,500,000), the amount in excess of six million five hundred thousand dollars ($6,500,000) shall revert to the general fund.
History: 1978 Comp., § 1-9-19, enacted by Laws 1985, ch. 207, § 18; 2001, ch. 233, § 14; 2003, ch. 356, § 27; 2010, ch. 28, § 20.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
