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New Mexico · Through 2026-07-01

6-26-4: Behavioral health capital fund.

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Where this section sits in the code
  1. Chapter 6 - Public Finances
  2. ARTICLE 26 Behavioral Health Capital Funding Act

A. The "behavioral health capital fund" is created as a revolving fund in the authority. The fund shall consist of appropriations, loan repayments, gifts, grants, donations and interest earned on investment of the fund. Money in the fund shall not revert at the end of a fiscal year.

B. Money in the fund is appropriated to the authority for the purpose of making loans to eligible entities for projects pursuant to the Behavioral Health Capital Funding Act.

C. The fund shall be administered by the authority. The authority may recover from the fund the actual costs of administering the fund and originating loans.

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

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