SENATE BILL 222
53rd legislature - STATE OF NEW MEXICO - first session, 2017
Elizabeth "Liz" Stefanics
RELATING TO LOCAL GOVERNMENT FINANCE; RAISING THE THRESHOLD FOR BEING EXEMPT FROM THE DEFINITION OF "LOCAL PUBLIC BODY".
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. Section 6-6-1 NMSA 1978 (being Laws 1957, Chapter 250, Section 1, as amended) is amended to read:
"6-6-1. DEFINITIONS.--"Local public body" means every political subdivision of the state that expends public money from whatever source derived, including [but not limited to] counties, county institutions, boards, bureaus or commissions; incorporated cities, towns or villages; drainage, conservancy, irrigation or other districts; charitable institutions for which an appropriation is made by the legislature; and every office or officer of any of the above. "Local public body" does not include a mutual domestic water consumers association, a land grant, an incorporated municipality or a special district with an annual revenue, exclusive of capital outlay funds, federal or private grants or capital outlay funds disbursed directly by an administrating agency, of less [then] than [ten thousand dollars ($10,000)] fifty thousand dollars ($50,000), nor county, municipal, consolidated, union or rural school districts and their officers or irrigation districts organized under Sections 73-10-1 through 73-10-47 NMSA 1978."
SECTION 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2017.
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