There is created in the state treasury the "technology enterprise fund". No money appropriated to this fund or accruing to it through cooperative research and technology transfer agreements, gifts, grants or bequests shall be transferred to another fund or encumbered or disbursed in any manner except for activities conducted pursuant to Sections 9-15-16 through 9-15-19 NMSA 1978. The fund shall not revert at the end of a fiscal year. Money appropriated to the research and development fund is appropriated to the technology enterprise fund provided any existing agreement to be paid from funds appropriated to the research and development fund shall be paid from the technology enterprise fund. Disbursements from the fund shall be made only upon warrant drawn by the secretary of finance and administration pursuant to vouchers signed by the secretary or his designee for the purpose of paying the cost of activities conducted pursuant to Sections 9-15-16 through 9-15-19 NMSA 1978.
History: 1978 Comp., § 9-15-19, enacted by Laws 1991, ch. 21, § 24.
Repeals and reenactments. — Laws 1991, ch. 21, § 24 repealed former 9-15-19 NMSA 1978, as enacted by Laws 1986, ch. 38, § 4, relating to creation of New Mexico research and development institute, and enacted a new section, effective March 27, 1991.
Structure 2021 New Mexico Statutes
Chapter 9 - Executive Department
Article 15 - Economic Development Department
Section 9-15-2 - Findings and purpose.
Section 9-15-4 - Department established.
Section 9-15-5 - Secretary of the economic development department; appointment.
Section 9-15-6 - Secretary; duties and general powers.
Section 9-15-7 - Secretary; additional duties.
Section 9-15-7.1 - Additional planning duties of secretary.
Section 9-15-11 - Economic development commission created; membership; duties.
Section 9-15-12 - Commission; powers and duties.
Section 9-15-12.1 to 9-15-13 - Repealed.
Section 9-15-14 - Administrative services division; duties.
Section 9-15-14.1 - New Mexico outdoor recreation division; duties; definitions.
Section 9-15-14.2 - Outdoor recreation advisory committee; creation; membership; duties.
Section 9-15-14.4 - Outdoor equity grant program; created; administration; grant criteria.
Section 9-15-14.5 - Outdoor equity grant program fund; created.
Section 9-15-15 - Department cooperation with local and regional development agencies.
Section 9-15-16 - Technology enterprise division created.
Section 9-15-17 - Director; duties.
Section 9-15-18 - Proprietary information.
Section 9-15-19 - Technology enterprise fund created.
Section 9-15-19.1 - State match fund created.
Section 9-15-19.2 - New Mexico 9000 program enterprise fund; created; purpose.
Section 9-15-21 to 9-15-27 - Repealed.
Section 9-15-29 - Definitions.
Section 9-15-30 - Mexican affairs division created; duties.
Section 9-15-30.1 - Division of international trade created; duties.
Section 9-15-31 - Director; duties.
Section 9-15-32 - Office established.
Section 9-15-34 - Duties of the department.
Section 9-15-34.1 - Business incubators; conditions for state expenditures.
Section 9-15-35 - Program created; purposes.
Section 9-15-36 - Fund created.
Section 9-15-37 - Short title.
Section 9-15-39 - Definitions.
Section 9-15-40 - Designation as the lead state agency.
Section 9-15-41 - Defense conversion; department duties.
Section 9-15-50 - Duties (Repealed effective July 1, 2028.)
Section 9-15-51.1 - Termination of agency life; delayed repeal. (Repealed effective July 1, 2028.)
Section 9-15-52 - Short title.
Section 9-15-53 - Definitions.
Section 9-15-54 - Minority business assistance program; department duties and powers.
Section 9-15-55 - Minority business assistance fund created.
Section 9-15-56 - Economic development tax incentives; guidelines.
Section 9-15-57 - Solo-worker program.
Section 9-15-58 - Sustainable economy task force; created; staff.
Section 9-15-59 - Sustainable economy task force; duties; strategic plan; reporting.