The "state road fund" is created within the state treasury, to which shall be credited all receipts authorized by law to be paid into it. No income earned on the fund shall be transferred to another fund.
History: 1953 Comp., § 55-2-54, enacted by Laws 1973, ch. 145, § 1; 1980, ch. 54, § 1.
The 1980 amendment, effective July 1, 1980, added the second sentence.
Appropriations. — Laws 1996 (1st S.S.), ch. 4, § 39, effective March 21, 1996, appropriates $1,000,000 from the state road fund to the state highway and transportation department [department of transportation] for expenditure in fiscal years 1997 through 2000 for the purpose of completing the Santa Teresa border station in Dona Ana county.
Laws 1996 (1st S.S.), ch. 4, § 40, effective March 21, 1996, appropriates $478,700 from the state road fund to the state highway and transportation department [department of transportation] for expenditure in fiscal years 1997 through 2000 for the purpose of installing salt storage domes at patrol yards in the cities of Taos, Chama and Santa Fe.
Laws 1998, ch. 7, § 31, effective February 17, 1998, appropriates $733,800 from the state road fund to the state highway and transportation department [department of transportation] for expenditure in fiscal years 1998 through 2002 to acquire land, plan, design, construct and equip a maintenance patrol yard near Eagle Nest in Colfax county. Any unexpended or unencumbered balance remaining at the end of fiscal year 2002 shall revert to the state road fund.
Laws 1998, ch. 7, § 32, effective February 17, 1998, appropriates $900,000 from the state road fund to the capital program fund for expenditure in fiscal years 1998 through 2002 to acquire land, make site improvements and purchase and erect a modular office building and equip a port-of-entry facility near Santa Teresa in Dona Ana county. Any unexpended or unencumbered balance remaining at the end of fiscal year 2002 shall revert to the state road fund.
Laws 1998, ch. 7, § 44, effective February 17, 1998, provides that the balance of the appropriation from the state road fund to the state highway and transportation department [department of transportation] for the purpose of installing salt storage domes at patrol yards in Taos located in Taos county, in Chama located in Rio Arriba county and in Santa Fe located in Santa Fe county pursuant to Laws 1996 (1st S.S.), ch. 4, § 40, shall not be expended for its original purpose but is appropriated to the state highway and transportation department [department of transportation] to purchase and install chemical de-icer storage units throughout the state.
Laws 2004, ch. 126, § 42, effective March 10, 2004, appropriates $1,000,000 from the state road fund to the taxation and revenue department for expenditure in fiscal years 2004 through 2009 for the acquisition of a gas tax automation system for the taxation and revenue department.
Structure New Mexico Statutes
Article 3 - State Transportation Commission
Section 67-3-1 - Reimbursement of state transportation commissioners.
Section 67-3-4 - Method and time of appointment of commissioners.
Section 67-3-5 - Removal of commissioners.
Section 67-3-6 - Creation of department of transportation.
Section 67-3-7 - Secretary of transportation; appointment; qualifications; bond.
Section 67-3-8 - Powers and duties of secretary.
Section 67-3-8.3 - Disposition of surplus personal property or materials.
Section 67-3-10 - Meetings; oaths; seal; policy.
Section 67-3-11 - Rule-making power.
Section 67-3-12 - Powers and duties.
Section 67-3-14 - State transportation commission; powers and duties; road funds.
Section 67-3-15 - [Duty to advise towns, villages and counties; highway system for state.]
Section 67-3-16 - [General duty to construct, repair and maintain highways.]
Section 67-3-17 - Snow removal from designated skiing area parking facilities.
Section 67-3-18 - [Skiing area with parking facilities; rejection of snow removal services.]
Section 67-3-19 - Duty to repair and maintain state park roads, bridges and parking areas.
Section 67-3-20 - El Camino Real; supervision and control.
Section 67-3-22 - State transportation commission; annual report.
Section 67-3-23 - Secretary of transportation; appointment.
Section 67-3-24 - Employees; appointment; compensation.
Section 67-3-26 - Duties of secretary; disbursement of state road fund.
Section 67-3-28.2 - Local governments road fund created; uses.
Section 67-3-29 - Department personnel; county and municipal road technical assistance.
Section 67-3-32 - Cooperative agreements; preference.
Section 67-3-34 - Federal aid road project; document execution.
Section 67-3-35 - Auditor; appointment; duties; bond.
Section 67-3-36 - Acquisition of rights of way; duty of county and district attorney.
Section 67-3-38 - Action by state transportation commission.
Section 67-3-39 - Waiver of immunity.
Section 67-3-40 - Control of state highways; maintenance costs.
Section 67-3-42 - Bridges considered part of highway.
Section 67-3-43 - Road work; bid advertising; restrictions; rejection; bond.
Section 67-3-47 - [Contracts for state aid roads; execution; restrictions.]
Section 67-3-49 - Claims of highway contractor's creditors; state highway suspense fund.
Section 67-3-50 - Account closing; nonliability.
Section 67-3-51 - [Restrictions on disbursements from suspense fund.]
Section 67-3-52 - Payment from state highway suspense fund.
Section 67-3-53 - [Reversion of suspense fund balances.]
Section 67-3-55 - Flight strips, airports and access roads; bidding procedures; bond.
Section 67-3-57 - Annual appropriation; purposes.
Section 67-3-58 - Allotment of appropriation.
Section 67-3-59 - [Balances; continuation of appropriation.]
Section 67-3-59.1 - State highway debentures; issuance; limits; approval; coupons.
Section 67-3-59.2 - Highway infrastructure fund created; purpose.
Section 67-3-59.3 - State transportation project bonds; issuance; procedures; approval.
Section 67-3-60 - Bypasses and relocation projects; expenditure of highway funds; purpose.
Section 67-3-61 - Limitation of expenditures of highway funds for construction of highway bypasses.
Section 67-3-62 - Provisions for pedestrian, bicycle and equestrian traffic required.
Section 67-3-64 - Ramps for handicapped required.
Section 67-3-65 - State road fund created.
Section 67-3-65.1 - State road fund distribution.
Section 67-3-68 - Purpose and interpretation.
Section 67-3-69 - Power to state highway and transportation department.
Section 67-3-70 - Use of appropriated funds.
Section 67-3-71.1 - Right-of-way agreements; Navajo Nation; terms.
Section 67-3-72 - Transportation bonds.
Section 67-3-73 - Transportation bonds; terms.
Section 67-3-74 - Refunding bonds.
Section 67-3-75 - Transportation bonds eligible for investment.
Section 67-3-76 - Transportation bonds; exemption from taxation.