Section 1-19-29.1 - Campaign funds; limitation on use. - New Mexico Statutes

1-19-29.1. Campaign funds; limitation on use.

A.     It is unlawful for any candidate or his agent to make an expenditure of contributions received, except for the following purposes or as otherwise provided in this section:   

(1)     expenditures of the campaign;   

(2)     expenditures of legislators that are reasonably related to performing the duties of the office held, including mail, telephone and travel expenditures to serve constituents, but excluding personal and legislative session living expenses;   

(3)     donations to the state general fund;   

(4)     donations to an organization to which a federal income tax deduction would be permitted under Subparagraph (A) of Paragraph (1) of Subsection (b) of Section 170 of the Internal Revenue Code of 1986, as amended;   

(5)     expenditures to eliminate the campaign debt of the candidate for the office sought or expenditures incurred by the candidate when seeking election to another public office covered by the Campaign Reporting Act [1-19-25 NMSA 1978];   

(6)     donations to a political party or to another candidate seeking election to public office; or   

(7)     disbursements to return unused funds pro rata to the contributors if no campaign debt exists.   

B.     A judge subject to a nonpartisan retention election or a candidate for judicial office shall solicit or accept campaign funds and return unused funds in accordance with the provisions of the Code of Judicial Conduct.   

C.     No contributions solicited for or received in a federal election campaign may be used in a state election campaign.