HOUSE BILL 120

47th legislature - STATE OF NEW MEXICO - first session, 2005

INTRODUCED BY

Roberto "Bobby" J. Gonzales

FOR THE LEGISLATIVE EDUCATION STUDY COMMITTEE

AN ACT

MAKING AN APPROPRIATION TO ASSIST SMALL SCHOOL DISTRICTS WITH OPERATIONAL EXPENSES.

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

     Section 1. APPROPRIATION.--Two million two hundred thousand dollars ($2,200,000) is appropriated from the general fund to the public education department for expenditure in fiscal years 2005 and 2006 to assist school districts with memberships of two hundred or fewer to cover required operational expenditures, including any legislatively mandated salary or other requirements for which appropriated program cost is insufficient. Eligible school districts must apply for and document the need for an allocation from this appropriation. Any unexpended or unencumbered balance remaining at the end of fiscal year 2006 shall revert to the general fund.

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