The “amyotrophic lateral sclerosis research fund” is created in the state treasury. The fund shall consist of distributions made to the fund pursuant to the Tax Administration Act [N.M. Stat. Ann. Chapter 7, Article 1]. Money in the fund is appropriated to the board of regents of the university of New Mexico for amyotrophic lateral sclerosis research. Disbursements from the fund shall be by warrant of the secretary of finance and administration upon vouchers signed by the president of the university of New Mexico. Money in the fund shall revert to the general fund at the end of a fiscal year.

Terms Used In New Mexico Statutes 24-20-4

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.