SENATE BILL 78

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

INTRODUCED BY

Ben D. Altamirano

FOR THE

ECONOMIC AND RURAL DEVELOPMENT AND TELECOMMUNICATIONS COMMITTEE

AN ACT

MAKING AN APPROPRIATION TO THE ECONOMIC DEVELOPMENT DEPARTMENT FOR MANUFACTURING EXTENSION SERVICES; DECLARING AN EMERGENCY.

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

     Section 1. APPROPRIATION.--

          A. Five hundred thousand dollars ($500,000) is appropriated from the general fund to the economic development department for expenditure in fiscal years 2005 and 2006 to contract for manufacturing extension services. Any unexpended or unencumbered balance remaining at the end of fiscal year 2006 shall revert to the general fund.

          B. Expenditure of any of the money appropriated in Subsection A of this section is contingent upon the receipt of money from the national institute of standards and technology to operate a manufacturing center in New Mexico that is approved by the national institute of standards and technology.

     Section 2. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.

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