Chapter 22, Article 25 NMSA 1978 may be cited as the "Public School Capital Improvements Act". History: 1953 Comp., § 77-25-1, enacted by Laws 1975 (S.S.), ch. 5, § 1; 2007, ch. 366, § 12. Cross references. — For public school finances generally, see 22-8-1 NMSA 1978 et seq. For public school emergency capital outlays, see 22-24-1 NMSA 1978 et seq. The 2007 amendment, effective July 1, 2007, changed the statutory reference to the act. Capital improvements tax revenues for teacher housing. — A local school district may use capital improvement tax revenues authorized by 22-25-2 and 22-25-3 NMSA 1978 for the purpose of "erecting, remodeling, making additions to, providing equipment for or furnishing school buildings and pre-kindergarten classroom facilities" for the construction and renovation of teacher housing. Use of General Obligation Bond Proceeds and Public School Capital Improvements Act Revenue for Construction of Teacher Housing (12/1/2022), Att'y Gen. Adv. Ltr. 2022-13, overruling 1981 N.M. Att'y Gen. 81-01. Revenues not to be used for teacher housing. — Revenues generated by school district general obligation bonds or pursuant to the Public School Capital Improvements Act may not be spent to construct teacher housing. 1981 Op. Att'y Gen. No. 81-01. For article, "No Cake For Zuni: The Constitutionality of New Mexico's Public School Capital Finance System," see 37 N.M.L. Rev. 307 (2007).
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