The Minor League Baseball Stadium Funding Act shall be deemed to provide an additional and alternative method for obtaining funding for a minor league baseball stadium, establishing the stadium surcharge and completing the acts authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws of the state, without reference to such other laws of the state, and shall constitute full authority for the exercise of powers granted herein, including but not limited to the pledging of stadium surcharge receipts and gross receipts tax revenues by the governing body to make loan payments to the authority.
History: Laws 2001, ch. 231, § 9.
Emergency clause. — Laws 2001, ch. 231, § 13 contained an emergency clause and was approved April 3, 2001.
Structure 2021 New Mexico Statutes
Article 65 - Minor League Baseball Stadium Funding
Section 3-65-2 - Findings and purpose.
Section 3-65-4 - Authorization of surcharge; use of proceeds.
Section 3-65-5 - Collection of surcharge; remittance to the municipality.
Section 3-65-7 - Enforcement; penalties.
Section 3-65-8 - Authorization of project.