The duration of the authorization for issuance of bonds in this act shall be twenty-five years from the date of issuance of the first series of tax increment bonds of the district, unless and until this act is repealed or modified by the legislature. History: Laws 2015, ch. 83, § 2. ANNOTATIONSEmergency clauses. — Laws 2015, ch. 83, § 5, contained an emergency clause and was approved April 8, 2015.
New Mexico Legal Code