N.M. Stat. Ann. § 6-21A-7
A. The department with the approval of the governor and as authorized in the intended use plan may transfer up to one-third of a federal wastewater facility construction loan fund capitalization grant to the drinking water state revolving loan fund; provided the Wastewater Facility Construction Loan Act [Chapter 74, Article 6A NMSA 1978] is amended to allow for such transfer. Before the department makes the transfer, the department shall:
History: Laws 1997, ch. 144, § 7; 2025, ch. 103, § 5.
Cross references. — For the federal Safe Drinking Water Act, see 42 U.S.C.S. 300f et seq.
The 2025 amendment, effective June 20, 2025, made technical amendments; in Subsection A, in the introductory paragraph, added "federal" preceding "wastewater facility construction," and after "allow for such transfer", deleted "This provision is available one year after the receipt of the first full capitalization grant for the Drinking Water State Revolving Loan Fund Act and will expire with the capitalization grant of the year 2002."; and in Subsection B, added "federal" preceding "Safe Drinking Water Act".