New Mexico Statutes Chapter 24. Health and Safety § 24-33-3. Graduate medical education expansion grant program; fund; distributions; application requirements; priorities for awards; reporting requirements

A. The “graduate medical education expansion grant program fund” is created in the state treasury. The fund consists of money appropriated by the legislature. Money in the fund shall not revert to any other fund at the end of a fiscal year. The secretary shall administer the fund, and money in the fund is appropriated to the department to administer the provisions of the Graduate Medical Education Expansion Grant Program Act. Money in the fund may be utilized to secure federal and private matching funds as determined by the secretary. Money in the fund shall be disbursed on warrants signed by the secretary of finance and administration pursuant to vouchers signed by the secretary of human services or the secretary's authorized representative.

B. To receive a grant, a graduate medical education training program shall apply to the graduate medical education expansion grant program, pursuant to rules adopted by the secretary. Grant amounts will be determined by each entity's grant application. Funds from the graduate medical education expansion grant program fund shall be distributed to graduate medical education training programs to develop and implement graduate medical education training programs. The application must include the applicant's plan to receive accreditation for the positions within the graduate medical education training program.

C. The department may provide one-time planning grants to graduate medical education training programs pursuant to rules adopted by the secretary.

D. The department may provide graduate medical education grants to:

E. The department may prioritize applications that emphasize the following:

F. Each award recipient shall report annually to the graduate medical education expansion review board on the: