NEW MEXICO CONSTITUTION
ARTICLE IX
MILITIA
Art. IX §1 | DEBTS OF TERRITORY AND ITS COUNTIES ASSUMED
Art. IX §2 | PAYMENT OF COUNTY DEBTS BY ANOTHER COUNTY
Art. IX §3 | STATE REFUNDING BONDS FOR ASSUMED DEBTS
Series B. To provide for the payment of such debts of said counties.
Series C. To provide for the payment of the bonds and accrued interest thereon of Grant and Santa Fe counties which were validated, approved and confirmed by act of congress, January sixteenth, eighteen hundred and ninety-seven.
Art. IX §4 | SALE OF LANDS FOR CERTAIN BOND PAYMENTS
Any money received by the state from rentals and sales of said lands in excess of the amounts required for the purposes above-mentioned shall be paid into the cur
Art. IX §5 | REMISSION OF COUNTY DEBTS TO STATE PROHIBITED
Art. IX §6 | MILITIA WARRANTS
Art. IX §7 | STATE INDEBTEDNESS; PURPOSES
Art. IX §8 | STATE INDEBTEDNESS; RESTRICTIONS
B. For the purposes of this section and Article 4, Section 29 of the constitution of New Mexico, a financing agreement entered into by the state for the leasing of a building or other real property with an option to purchase for a price that is reduced according to the payments made by the state pursuant to the financing agreement is not a debt if:
(2) the agreement provides that the lease shall be terminated if sufficient appropriations are not available to meet the current lease payments.
Art. IX §9 | USE OF BORROWED FUNDS
Art. IX §10 | COUNTY INDEBTEDNESS; RESTRICTIONS
B. constructing or repairing public roads and bridges and purchasing capital equipment for such projects;
C. constructing or acquiring a system for supplying water, including the acquisition of water and water rights, necessary real estate or rights-of-way and easements;
D. constructing or acquiring a sewer system, including the necessary real estate or rights-of-way and easements;
E. constructing an airport or sanitary landfill, including the necessary real estate;
F. acquiring necessary real estate for open space, open space trails and related areas and facilities; or
G. the purchase of books and other library resources for libraries in the county.
Art. IX §11 | SCHOOL DISTRICT INDEBTEDNESS; RESTRICTIONS
B. No school district shall ever become indebted in an amount exceeding six percent on the assessed valuation of the taxable property within the school district as shown by the preceding general assessment.
C. A school district may create a debt by entering into a lease-purchase arrangement to acquire education technology equipment without submitting the proposition to a vote of the qualified electors of the district, but any debt created is subject to the limitation of Subsection B of this section.
D. For the purposes of this section, a financing agreement entered into by a school district or a charter school for the leasing of a building or other real property with an option to purchase for a price that is reduced according to the payments made by the school district or charter school pursuant to the financing agreement is not a debt if:
(2) the agreement provides that the lease shall be terminated if sufficient money is not available to meet the current lease payments.
Art. IX §12 | MUNICIPAL INDEBTEDNESS; RESTRICTIONS
Art. IX §13 | COUNTY AND MUNICIPAL DEBT LIMIT; EXCEPTIONS
Art. IX §14 | AID TO PRIVATE ENTERPRISE; VETERANS' SCHOLARSHIP PROGRAMS; STUDENT LOANS; JOB OPPORTUNITIES; AFFORDABLE HOUSING
B. Nothing in this section prohibits the state from establishing a veterans' scholarship program for Vietnam conflict veterans who are post-secondary students at educational institutions under the exclusive control of the state by exempting such veterans from the payment of tuition. For the purposes of this subsection, a "Vietnam conflict veteran" is any person who has been honorably discharged from the armed forces of the United States, who was a resident of New Mexico at the original time of entry into the armed forces from New Mexico or who has lived in New Mexico for ten years or more and who has been awarded a Vietnam campaign medal for service in the armed forces of this country in Vietnam during the period from August 5, 1964 to the official termination date of the Vietnam conflict as designated by executive order of the president of the United States.
C. The state may establish by law a program of loans to students of the healing arts, as defined by law, for residents of the state who, in return for the payment of educational expenses, contract with the state to practice their profession for a period of years after graduation within areas of the state designated by law.
D. Nothing in this section prohibits the state or a county or municipality from creating new job opportunities by providing land, buildings or infrastructure for facilities to support new or expanding businesses if this assistance is granted pursuant to general implementing legislation that is approved by a majority vote of those elected to each house of the legislature. The implementing legislation shall include adequate safeguards to protect public money or other resources used for the purposes authorized in this subsection. The implementing legislation shall further provide that:
(2) each specific state project providing assistance pursuant to this subsection shall be approved by law.
(2) donating or otherwise providing or paying a portion of the costs of construction or renovation of affordable housing or the costs of conversion or renovation of buildings into affordable housing; or
(3) providing or paying the costs of financing or infrastructure necessary to support affordable housing projects.
(2) establish eligibility criteria for the recipients of land, buildings and infrastructure;
(3) contain provisions to ensure the successful completion of affordable housing projects supported by assistance authorized pursuant to Subsection E of this section;
(4) require a county or municipality providing assistance pursuant to Subsection E of this section to give prior formal approval by ordinance for a specific affordable housing assistance grant and include in the ordinance the conditions of the grant;
(5) require prior approval by law of an affordable housing assistance grant by the state; and
(6) require the governing body of the instrumentality of the state, designated by the legislature as the state's housing authority, to give prior approval, by resolution, for affordable housing grants that are to be given by the instrumentality.
H. Nothing in this section prohibits the state from expending state funds or resources for the purpose of providing essential services primarily for residential purposes if the assistance is granted pursuant to general implementing legislation approved by a majority vote of those elected to each house of the legislature. The implementing legislation shall provide for accessibility to essential services primarily for residential purposes and include safeguards to protect public money and other public resources used for the purposes authorized in this subsection.
Art. IX §15 | STATE AND LOCAL REFUNDING
Art. IX §16 | STATE HIGHWAY BONDS
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- State Agency Bribery;
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