46th legislature - STATE OF NEW MEXICO - first session, 2003

RELATING TO ELECTIONS; CHANGING THE AMOUNT OF MONEY THAT MAY BE KEPT IN THE ELECTRONIC VOTING SYSTEM REVOLVING FUND.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. Section 1-9-19 NMSA 1978 (being Laws 1985, Chapter 207, Section 18, as amended) is amended to read:

"1-9-19. ELECTRONIC VOTING SYSTEM REVOLVING FUND.--The "electronic voting system revolving fund" is created. The electronic voting system revolving fund may be used to finance, by contract, the purchase of electronic voting systems and necessary support equipment under the conditions stated in Section 1-9-17 NMSA 1978. The electronic voting system revolving fund may be expended upon vouchers signed by the secretary of finance and administration. If at the end of the fiscal year the electronic voting system revolving fund exceeds [four million dollars ($4,000,000)] six million five hundred thousand dollars ($6,500,000), the amount in excess of [four million dollars ($4,000,000)] six million five hundred thousand dollars ($6,500,000) shall revert to the general fund."