The resolution authorized under Section 22-26-3 NMSA 1978 shall be adopted within the time frames required by the Election Code [Chapter 1 NMSA 1978] and pursuant to the requirements of the property tax division of the taxation and revenue department.
History: Laws 1983, ch. 163, § 4; 2019, ch. 212, § 229.
The 2019 amendment, effective April 3, 2019, revised the time limitation on the adoption of a resolution on the question of imposition of a capital improvements tax; after "authorized under Section", deleted "3 of the Public School Buildings Act" and added "22-26-3 NMSA 1978" and after "shall be adopted", deleted "no later than May 15 in the year in which the tax is proposed to be imposed" and added the remainder of the section.
Structure New Mexico Statutes
Article 26 - Public School Buildings
Section 22-26-1 - Short title.
Section 22-26-4 - Authorizing resolution; time limitation.
Section 22-26-5 - Conduct of election; notice; ballot.
Section 22-26-6 - Election results; certification.
Section 22-26-7 - Imposition of tax; limitations.
Section 22-26-8 - Tax to be imposed for a maximum of six years.
Section 22-26-9 - Charter schools; receipt of local property tax revenue.
Section 22-26-10 - Expenditures by charter schools; reports to department.