N.M. Admin. Code § 16.1.2.8

Current through Register Vol. 35, No. 20, October 22, 2024

Section 16.1.2.8 - FUNDING OF SUNRISE PROGRAM

A. To implement the provisions of the Act, the Department was granted authority to assess costs of the sunrise program among boards covered by the Uniform Licensing Act (Sections 61-1-1 through 61-1-31, NMSA 1978).

B. The Department shall submit an annual budget request for the costs of the sunrise program. Funding shall be approved by the legislature as part of the General Appropriations Act. The Department shall assess annually each board covered by the Uniform Licensing Act a proportionate share, based upon its budget, for the costs of the sunrise program.

C. The Department shall return proportionately to the contributing boards any of their contributed funds that are unexpended by the sunrise program at the end of the fiscal year.

D. The Department shall deposit to the funds of the sunrise program all application fees paid by Applicant Groups. Such application fees shall be used to pay part of the costs of the sunrise program, thereby reducing proportionately the contribution of each of the boards for the costs of the sunrise program.

N.M. Admin. Code § 16.1.2.8

2/1/94; Recompiled 12/31/01