summary
Introduced
01/31/2021
01/31/2021
In Committee
02/11/2021
02/11/2021
Crossed Over
Passed
Dead
03/20/2021
03/20/2021
Introduced Session
2021 Regular Session
Bill Summary
AN ACT RELATING TO CAPITAL OUTLAY; PROVIDING THAT CAPITAL OUTLAY FUNDING REQUESTS FOR NONGOVERNMENTAL ENTITY PROJECTS SHALL NOT BE ACCEPTED UNLESS THE STATE OR A COUNTY OR MUNICIPALITY HAS ACCEPTED THE ROLE OF ACTING AS FISCAL AGENT FOR THE ENTITY'S PROJECT.
AI Summary
This bill requires that capital outlay funding requests for projects of nongovernmental entities must have the state, a county, or a municipality accept the role of acting as the fiscal agent for the entity's project before the legislative council service will accept the funding request. This ensures that a government entity is responsible for overseeing the management and expenditure of the capital outlay funds for projects undertaken by nongovernmental organizations.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (1)
Last Action
Senate Finance Committee (01:00 2/16/2021 Room 322) (on 02/16/2021)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=174&year=21 |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/bills/senate/SB0174.pdf |
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