N.M. Stat. § 6-12A-10
Expenses.
The expenses incurred by the state treasurer related to the issuance and sale of
anticipation notes shall be paid out of the proceeds from the sale of the anticipation
notes, and all rebate, penalty, interest and other obligations of the state related to the
anticipation notes and anticipation notes proceeds under the Internal Revenue Code of
1986, as amended, shall be paid from the earnings on anticipation notes proceeds or
any money of the state legally available for such payment.