2020 New Mexico Statutes
Chapter 22 - Public Schools
Article 8 - Public School Finance
Section 22-8-29.6 - Transportation emergency fund.
A. The "transportation emergency fund" is created in the state treasury. Money in the fund shall not revert to the general fund at the end of any fiscal year. Money in the fund is appropriated to the department for the purpose of funding transportation emergencies, including fuel price increases. The secretary shall make distributions to ensure the safety of students receiving to-and-from transportation services.
B. The secretary shall account for all transportation emergency distributions and shall make full reports to the governor, the legislative education study committee and the legislative finance committee of payments made.
History: Laws 1995, ch. 208, § 15; 1999 (1st S.S.), ch. 11, § 5; 2014, ch. 23, § 1.
ANNOTATIONSThe 2014 amendment, effective May 21, 2014, permitted fuel price increases to be deemed a transportation emergency; and in Subsection A, in the third sentence, after "funding transportation emergencies", added "including fuel price increases", in the fourth sentence, after "The", deleted "state superintendent" and added "secretary", and after "shall make distributions", deleted "only"; and in Subsection B, after "The", deleted "state superintendent" and added "secretary".
The 1999 amendment, effective May 21, 1999, rewrote this section to the extent that a detailed comparison would be impracticable.
