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Bill > HB196


NM HB196

NM HB196
No Reversion Of Law Enforcement Fund


summary

Introduced
02/02/2022
In Committee
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO PUBLIC SAFETY; PROVIDING THAT THE LAW ENFORCEMENT PROTECTION FUND SHALL NOT REVERT TO THE GENERAL FUND.

AI Summary

This bill amends the existing law to provide that the money in the Law Enforcement Protection Fund shall not revert to the general fund at the end of a fiscal year. The Law Enforcement Protection Fund is funded by 10% of the fees, licenses, and penalties collected from life, general casualty, and title insurance businesses in the state. The purpose of this bill is to ensure that the funds dedicated to law enforcement protection do not get transferred back to the general fund, but remain available for law enforcement expenses.

Committee Categories

Justice

Sponsors (4)

Last Action

House Judiciary Committee (00:00 2/11/2022 Room) (on 02/11/2022)

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