SENATE BILL 432

45th legislature - STATE OF NEW MEXICO - second session, 2002

INTRODUCED BY

Manny M. Aragon







AN ACT

MAKING AN APPROPRIATION TO THE LEGISLATIVE COUNCIL SERVICE FOR STAFFING OF A SPECIAL INTERIM LEGISLATIVE TAX REVIEW COMMITTEE.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. APPROPRIATION.--One hundred thousand dollars ($100,000) is appropriated from the general fund to the legislative council service for expenditure in fiscal year 2003 to provide staff for a special interim legislative committee to conduct a comprehensive review of New Mexico tax policy during the 2002 interim. Any unexpended or unencumbered balance remaining at the end of fiscal year 2003 shall revert to the general fund.

.140895.1