New Mexico Statutes 67-16-14. Litter control and beautification fund; created;
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beautification fee.
Terms Used In New Mexico Statutes 67-16-14
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
The “litter control and beautification fund” is created in the state treasury. The beautification fee of fifty cents ($.50) per registration year imposed pursuant to section 66-6-6.2 N.M. Stat. Ann., collected from the registration fee of vehicles registered pursuant to Section 66-3-1 N.M. Stat. Ann. or the Motor Transportation Act [Chapter 65, Articles 1, 3 and 5 NMSA 1978], shall be deposited in the fund. All income earned on the fund shall be credited to the fund. The fund is appropriated to the department for the purpose of carrying out the provisions of the Litter Control and Beautification Act. The money in the fund shall not revert at the end of any fiscal year.