The New Mexico share of the expenses of the commission and the reimbursement of the New Mexico members may be paid out of funds appropriated by the legislature and other revenue and user fees collected pursuant to Section 16-5-11 NMSA 1978 not needed for railroad loan retirement. Fees and revenues collected by the commission are appropriated to the commission.
History: 1953 Comp., § 69-12-7, enacted by Laws 1977, ch. 350, § 4; 2005, ch. 156, § 1.
The 2005 amendment, effective June 17, 2005, provided that expenses of the commission may be paid from user fees and other revenues not needed for railroad loan retirement and are appropriated to the commission.
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