§ 4-62-1-1

As used in Chapter 4, Article 62 NMSA 1978:A. 'bond' means any obligation of a county issued under Chapter 4, Article 62 NMSA 1978, whether designated as a bond, note, loan, warrant, debenture, lease-purchase agreement or other instrument evidencing an obligation of a county to make payments;B. 'gasoline tax revenue' means the revenue from that portion of the gasoline tax distributed to the county pursuant to Sections 7-1-6.9 and 7-1-6.26 NMSA 1978;C. 'gasoline tax revenue bonds' means the bonds authorized by Subsection C of Section 4-62-1 NMSA 1978;D. 'gross receipts tax revenue' means the revenue attributable to the county gross receipts tax transferred to the county pursuant to Section 7-1-6.13 NMSA 1978 and any distribution made pursuant to Section 7-1-6.16 NMSA 1978;E. 'gross receipts tax revenue bonds' means the bonds authorized by Subsection B of Section 4-62-1 NMSA 1978;F. 'PILT revenue' means revenue received by a county from the federal government as payments in lieu of taxes;G. 'pledged revenue' means the revenue, net income or net revenue authorized to be pledged to the payment of particular revenue bonds as specifically provided in Section 4-62-1 NMSA 1978;H.

of taxes;G. 'pledged revenue' means the revenue, net income or net revenue authorized to be pledged to the payment of particular revenue bonds as specifically provided in Section 4-62-1 NMSA 1978;H. 'project revenues' means the net revenues of revenue-producing projects that may be pledged to project revenue bonds pursuant to Subsection E of Section 4-62-1 NMSA 1978;I. 'public project' means 'public project' as defined in Subsection E of Section 6-21-3 NMSA 1978;J. 'utility' means a water, wastewater, sewer, gas or electric utility or joint utility servicing the public; andK. 'utility revenue bonds' or 'joint utility revenue bonds' means the bonds authorized by Subsection D of Section 4-62-1 NMSA 1978. History: 1978 Comp., § 4-62-1.1, enacted by Laws 2019, ch. 274, § 5. ANNOTATIONSEffective dates. — Laws 2019, ch. 274, § 17 made Laws 2019, ch. 274, § 5 effective July 1, 2019.