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New Mexico · Through 2026-07-01

6-21-5.1: Bonds for county correctional facility loans.

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Where this section sits in the code
  1. Chapter 6 - Public Finances
  2. ARTICLE 21 Finance Authority

The authority may issue bonds for a county to design, construct, equip, furnish and otherwise improve a county correctional facility pursuant to the County Correctional Facility Gross Receipts Tax Act only after a majority of the qualified electors of the county has voted to allow the county to impose a county correctional facility gross receipts tax in the amount needed to repay bonds issued by the authority for the purpose of designing, constructing, equipping, furnishing and otherwise improving a county correctional facility.

Collected 2026-09-03T15:02:19Z. Source file · JSON

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