N.M. Admin. Code § 19.2.23.8 - PERMISSIBLE FUND EXPENDITURES

A. Expenditures made from the state trust lands restoration and remediation fund shall be used to implement the following categories of projects:

(1) surface damage remediation and restoration;

(2) watershed, forest, or grassland restoration;

(3) illegal dump site remediation and restoration; and

(4) contaminated site remediation.

B. The restoration and remediation fund shall not be expended for:

(1) any project or portion thereof that is not located on state trust lands;

(2) any internal state land office operation cost, administration expense, overhead, or salary; or

(3) any other land office expense that is not related to trust land restoration or remediation or is not part of a commissioner-approved project proposal.

C. The restoration and remediation fund shall not be used to make improvements to trust lands, unless such improvements are necessary to protect the land or ensure the success of the restoration or remediation project.

D. The restoration and remediation fund shall not be used for project clearance and compliance requirements, as defined in this rule. Other funding sources, including in-kind contributions, matching contributions, or other state land office funds, may be used to pay for clearance and compliance requirements.

E. The commissioner's prior written approval of a project proposal is required for all expenditures from the restoration and remediation fund.

Notes

N.M. Admin. Code § 19.2.23.8

Adopted by New Mexico Register, Volume XXVIII, Issue 20, October 31, 2017, eff. 10/31/2017