All forfeitures, unless otherwise provided by law, and all fines collected under general laws; the net proceeds of property that may come to the state by escheat; the rentals of all school lands and other lands granted to the state, the disposition of which is not otherwise provided for by the terms of the grant or by act of congress shall constitute the current school fund of the state. (As amended November 2, 1971, November 4, 1986 and November 5, 1996.)
Notes to Decisions
Applicability.
Statute allowing counties to levy a tax on all county property and distribute the proceeds to county school districts according to need, resulting in transfer of county taxes between districts, did not violate N.M. Const. art XII § 4. Raynolds v. Swope, 1922-NMSC-046, 28 N.M. 141, 207 P. 581, 1922 N.M. LEXIS 40 (N.M. 1922).
OPINIONS OF ATTORNEY GENERAL
Generally.
The Controlled Substances Act provision permitting proceeds of the forfeiture and disposal of property seized under the Act to be channeled to the state police bureau of narcotics was rendered constitutional by the passage of the amendment N.M. Const. art XII § 4, that would permit law enforcement agencies to retain proceeds or actual property seized under the Act. The amendment was certified on November 25, 1986, and thus that is the date upon which the provisions in former subsection E of 30-31-35 NMSA 1978 took effect. 1987 N.M. Op. Att'y Gen. No. 1987-20.