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Section 6-26-3 - Definitions — New Mexico Law | CourtGPT
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  6. Section 6-26-3 - Definitions
New Mexico Legal Code

Section 6-26-3 - Definitions

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As used in the Behavioral Health Capital Funding Act:A. 'authority' means the New Mexico finance authority;B. 'capital project' means acquisition, repair, renovation or construction of a behavioral health facility; purchase of land; or acquisition of capital equipment; C. 'department' means the human services department [health care authority department]; D. 'eligible entity' means:(1) a nonprofit behavioral health facility that is a 501(c)(3) nonprofit corporation for federal income tax purposes and serves primarily sick and indigent patients; or (2) a behavioral health care clinic that operates in a rural or other health care underserved area of the state, that is owned by a county or municipality and that meets department requirements for eligibility;E. 'fund' means the behavioral health capital fund;F. 'operating capital' means funds needed to meet short-term obligations, such as accounts payable, wages, debt servicing, lease and income tax payments; andG. 'project' means a capital project or operating capital needed to support the increase of behavioral health services to sick and medically indigent persons. History: Laws 2004, ch. 71, § 3; 2019, ch. 156, § 1; 2023, ch.

apital project or operating capital needed to support the increase of behavioral health services to sick and medically indigent persons. History: Laws 2004, ch. 71, § 3; 2019, ch. 156, § 1; 2023, ch. 129, § 1.ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Laws 2023, ch. 205, § 16 provided that references to the human services department shall be deemed to be references to the health care authority department. Cross references. — For the New Mexico finance authority see 6-21-4 NMSA 1978. For the department of health, see 9-7-4 NMSA 1978. The 2023 amendment, effective June 16, 2023, defined 'operating capital' and 'project' and revised the definitions of 'capital project' and 'department'; in Subsection B, after 'means', added 'acquisition', and after 'equipment', deleted 'of a long term nature'; in Subsection C, after 'means the', added 'human services', and after 'department', deleted 'of health'; and added Subsections F and G. The 2019 amendment, effective June 14, 2019, expanded the definition of 'eligible entity' for purposes of the Behavioral Health Capital Funding Act; and in Subsection D, Paragraph D(1), after

and G. The 2019 amendment, effective June 14, 2019, expanded the definition of 'eligible entity' for purposes of the Behavioral Health Capital Funding Act; and in Subsection D, Paragraph D(1), after 'behavioral health facility that', deleted 'has assets totaling less than ten million dollars ($10,000,000)', and added Paragraph D(2).