The Statewide Economic Development Finance Act shall be deemed to provide additional and alternative methods of financing projects authorized in that act and shall be deemed supplemental and additional to powers conferred by other laws.
History: Laws 2005, ch. 103, § 25.
Effective dates. — Laws 2005, ch. 103, § 28 made the act effective April 4, 2005.
Structure 2021 New Mexico Statutes
Article 25 - Statewide Economic Development
Section 6-25-2 - Findings and purpose.
Section 6-25-4 - Economic development department; additional powers.
Section 6-25-6 - New Mexico finance authority; additional powers and duties.
Section 6-25-7 - Project revenue bonds.
Section 6-25-8 - Leases of projects.
Section 6-25-9 - Project revenue refunding bonds.
Section 6-25-10 - Use of project revenue bond proceeds.
Section 6-25-11 - Project revenue bonds legal investments.
Section 6-25-13 - Economic development revolving fund.
Section 6-25-14 - Tax impact fund.
Section 6-25-15 - Cumulative authority.
Section 6-25-16 - Liberal interpretation.
Section 6-25-17 - Economic development revolving fund bonds of the authority; use; security.
Section 6-25-19 - Economic development revolving fund bonds secured by trust indenture.
Section 6-25-20 - Publication of notice; validation; limitation of action.
Section 6-25-21 - Refunding bonds.
Section 6-25-22 - Economic development revolving fund and project revenue bond anticipation notes.
Section 6-25-24 - Agreement of the state.
Section 6-25-25 - Economic development revolving fund bonds; legal investments.
Section 6-25-26 - Tax exemption.
Section 6-25-27 - Proprietary information; confidentiality; penalty.
Section 6-25-28 - Application of other laws.
Section 6-25-29 - Temporary provision; fund name change; outstanding bonds; fund balances.