1. A. The fund shall be used for the purchase, storage and distribution of vaccines, as recommended by the department pursuant to Section 24-5-1 NMSA 1978, for insured children who are not eligible for the vaccines for children program.
2. B. The department shall credit any balance remaining in the fund at the end of the fiscal year toward the department's purchase of vaccines the following year; provided that the department maintains a reserve of ten percent of the amount estimated to be expended in the following year.

3. C. The fund shall not be used:

   1. (1) for the purchase, storage and distribution of vaccines for children who are eligible for the vaccines for children program;
   2. (2) for administrative expenses associated with the statewide vaccine purchasing program; or
   3. (3) to pass through a federally negotiated discount pursuant to 42 U.S.C. 1396s.

History: Laws 2015, ch. 5, § 5; 2025 (1st S.S.), ch. 5, § 6; repealed and reenacted by Laws 2025 (1st S.S.), ch. 5, § 12.

ANNOTATIONS

Repeals. — Laws 2026, ch. 42, § 2 repealed Laws 2025 (1st S.S.), ch. 5, § 12 effective May 20, 2026. Laws 2025 (1st S.S.), ch. 5, § 12 would have become effective July 1, 2026.

The 2025 (1st S.S.) amendment, effective December 31, 2025, substituted "advisory committee on immunization practices" with the department of health in an existing provision related to authorized uses of the vaccine purchasing fund; in Subsection A, after "recommended by the" deleted "advisory committee on immunization practices" and added "department pursuant to Section 24-5-1 NMSA 1978".