HOUSE BILL 218

46th legislature - STATE OF NEW MEXICO - second session, 2004

INTRODUCED BY

Sandra L. Townsend

AN ACT

MAKING AN APPROPRIATION FOR A STATEWIDE LOW-INTEREST OR NO-INTEREST TECHNOLOGY ASSISTANCE LOAN PROGRAM.

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

     Section 1. APPROPRIATION.--Five hundred nineteen thousand dollars ($519,000) is appropriated from the general fund to the public education department for expenditure in fiscal year 2005 for the technology assistance program of the vocational rehabilitation division to administer a statewide low-interest or no-interest loan program for persons with disabilities. Any unexpended or unencumbered balance remaining at the end of fiscal year 2005 shall revert to the general fund.

.149739.1