N.M. Stat. Ann. § 22-8-30
A. The department shall make supplemental distributions only for the following purposes:
(5) to make emergency capital outlay distributions to school districts or state-chartered charter schools that have experienced an unexpected capital outlay emergency demanding immediate attention.
B. The department shall account for all supplemental distributions and shall make full reports to the governor, legislative education study committee and legislative finance committee of payments made as authorized in Subsection A of this section.
C. The department may divert any unused or unneeded balances in any of the distributions made under the supplementary distribution authority to make any other distribution made pursuant to the same authority.
History: 1953 Comp., § 77-6-29, enacted by Laws 1967, ch. 16, § 83; 1969, ch. 180, § 22; 1971, ch. 263, § 12; reenacted by 1974, ch. 8, § 17; 1978, ch. 148, § 1; 1988, ch. 64, § 34; 2006, ch. 94, § 22.
Cross references. — For references to the former state superintendent, see 9-24-15 NMSA 1978.
For the public education department, see 9-24-4 NMSA 1978.
The 2006 amendment, effective July 1, 2007, changed "state superintendent" to "department" in Subsections A through C; added state-chartered charter schools in Paragraphs (2), (3) and (5) of Subsection A; changes "state board" to "department" in Paragraph (4) of Subsection A.
The 1988 amendment, effective May 18, 1988, substituted "state superintendent" for "director" in Subsections A and C; deleted "with the approval of the state superintendent" at the beginning of Subsections A(3), (4) and (5); in Subsection B, deleted "and director" following "state superintendent" and substituted "legislative education study committee" for "legislative school study committee"; and deleted "directors" preceding "supplementary distribution authority" in Subsection C.