As used in the Behavioral Health Capital Funding Act: A. "authority" means the New Mexico finance authority; B. "capital project" means acquisition, repair, renovation or construction of a behavioral health facility; purchase of land; or acquisition of capital equipment; C. "department" means the human services department [health care authority department]; D. "eligible entity" means: (1) a nonprofit behavioral health facility that is a 501(c)(3) nonprofit corporation for federal income tax purposes and serves primarily sick and indigent patients; or (2) a behavioral health care clinic that operates in a rural or other health care underserved area of the state, that is owned by a county or municipality and that meets department requirements for eligibility; E. "fund" means the behavioral health capital fund; F. "operating capital" means funds needed to meet short-term obligations, such as accounts payable, wages, debt servicing, lease and income tax payments; and G. "project" means a capital project or operating capital needed to support the increase of behavioral health services to sick and medically indigent persons. History: Laws 2004, ch. 71, § 3; 2019, ch. 156, § 1; 2023, ch. 129, § 1. Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Laws 2023, ch. 205, § 16 provided that references to the human services department shall be deemed to be references to the health care authority department. Cross references. — For the New Mexico finance authority see 6-21-4 NMSA 1978. For the department of health, see 9-7-4 NMSA 1978. The 2023 amendment, effective June 16, 2023, defined "operating capital" and "project" and revised the definitions of "capital project" and "department"; in Subsection B, after "means", added "acquisition", and after "equipment", deleted "of a long term nature"; in Subsection C, after "means the", added "human services", and after "department", deleted "of health"; and added Subsections F and G. The 2019 amendment, effective June 14, 2019, expanded the definition of "eligible entity" for purposes of the Behavioral Health Capital Funding Act; and in Subsection D, Paragraph D(1), after "behavioral health facility that", deleted "has assets totaling less than ten million dollars ($10,000,000)", and added Paragraph D(2).
‹ Prev All New Mexico sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.