N.M. Admin. Code § 2.92.1.11

Current through Register Vol. 36, No. 1, January 14, 2025

Section 2.92.1.11 - QUARTERLY PAYMENT LIMIT

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.

N.M. Admin. Code § 2.92.1.11

Adopted by New Mexico Register, Volume XXXII, Issue 09, May 4, 2021, eff. 4/16/2021, Amended by New Mexico Register, Volume XXXII, Issue 22, November 30, 2021, eff. 11/30/2021