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New Mexico Statutes > Chapter 6 > Article 3 – State Budgets

§ 6-3-1 State agency defined
§ 6-3-2 Director of state budget division; qualifications
§ 6-3-3 State budget division; cooperation between state budget division and state agencies; assistance to state agencies
§ 6-3-4 State budget division; cooperation with legislature and committees; to supply information to legislature and committees
§ 6-3-5 State budget division; research; surveys; reports
§ 6-3-6 State budget division; periodic allotments
§ 6-3-7 Annual operating budgets; supervision and control;
§ 6-3-8 [Violation of expenditure restrictions; penalty.]
§ 6-3-9 State agency defined
§ 6-3-10 Budget defined
§ 6-3-11 Parts of the budget
§ 6-3-12 Printing of budget
§ 6-3-13 Index
§ 6-3-15 State budget division director; powers and duties
§ 6-3-16 Power to sue
§ 6-3-17 Agencies subject to act
§ 6-3-18 Budget forms
§ 6-3-19 Agencies to complete budget forms
§ 6-3-20 Review of budget forms
§ 6-3-21 Preparation of the budget
§ 6-3-22 Copies of the budget
§ 6-3-23 Budget adjustment defined
§ 6-3-24 Budget adjustments; authorizations permitted
§ 6-3-25 Budget adjustment procedure

Terms Used In New Mexico Statutes > Chapter 6 > Article 3 - State Budgets

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Conviction: A judgement of guilt against a criminal defendant.
  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Personal property: All property that is not real property.

New Mexico Statutes > Chapter 6 > Article 3 – Income Tax Withholding

§ 7-3-1 Short title
§ 7-3-2 Definitions
§ 7-3-3 Tax withheld at source
§ 7-3-4 Deductions considered taxes
§ 7-3-5 Withholder liable for amounts deducted and withheld;
§ 7-3-6 Date payment due
§ 7-3-7 Statements of withholding
§ 7-3-8 Annual statement of withholding and information regarding state assistance for low-income New Mexicans to be provided to withholdees
§ 7-3-9 Withheld amounts credited against tax
§ 7-3-10 Voluntary submission to act
§ 7-3-11 Acts to be performed by agents; liability of third parties
§ 7-3-13 Withholding information return required; penalty
§ 7-3-14 Composite returns

Terms Used In New Mexico Statutes > Chapter 6 > Article 3 - Income Tax Withholding

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Devise: To gift property by will.
  • Fiduciary: A trustee, executor, or administrator.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.