N.M. Stat. ยง 6-26-3
ยง 6-26-3. Definitions
Year: 2026Length: 179 words
As used in the Behavioral Health Capital Funding Act:
A. โ authority โ means the New Mexico finance authority;
B. โ capital project โ means acquisition, repair, renovation or construction of a behavioral health facility; purchase of land; or acquisition of capital equipment;
C. โ department โ means the human services department;
D. โ eligible entity โ 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. โ fund โ means the behavioral health capital fund;
F. โ operating capital โ means funds needed to meet short-term obligations, such as accounts payable, wages, debt servicing, lease and income tax payments; and
G. โ project โ means a capital project or operating capital needed to support the increase of behavioral health services to sick and medically indigent persons.