New Mexico Administrative Code
Title 2 - PUBLIC FINANCE
Chapter 92 - LEDA RECOVERY GRANT
Part 1 - GENERAL PROVISIONS
Section 2.92.1.11 - QUARTERLY PAYMENT LIMIT
Universal Citation: 2 NM Admin Code 2.92.1.11
Current through Register Vol. 35, No. 18, September 24, 2024
Quarterly payments to recovery entities are limited to the lesser of twenty-five percent of the provisional grant award or the eligible amount under the requirements and calculations set forth in this rule. The maximum amount that may be distributed in total to a recovery entity under the LEDA Recovery Grant project is $100,000.
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