2016 New Mexico Statutes
Chapter 6 - Public Finances
Article 26 - Behavioral Health Capital Funding Act
Section 6-26-3 - Definitions.
6-26-3. Definitions.
As used in the Behavioral Health Capital Funding Act:
A. "authority" means the New Mexico finance authority;
B. "capital project" means repair, renovation or construction of a behavioral health facility; purchase of land; or acquisition of capital equipment of a long-term nature;
C. "department" means the department of health;
D. "eligible entity" means a nonprofit behavioral health facility that has assets totaling less than ten million dollars ($10,000,000), is a 501(c)(3) nonprofit corporation for federal income tax purposes and serves primarily sick and indigent patients; and
E. "fund" means the behavioral health capital fund.
History: Laws 2004, ch. 71, 3.
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