SENATE BILL 1032

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

INTRODUCED BY

Timothy Z. Jennings

AN ACT

MAKING AN APPROPRIATION FOR REPAYMENT OF A STATE BOARD OF FINANCE LOAN AND TO FUND EXPENSES FOR TRIALS FOR THE JUDICIAL STANDARDS COMMISSION.

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

     Section 1. APPROPRIATION.--

          A. Two hundred twenty-five thousand dollars ($225,000) is appropriated from the general fund to the judicial standards commission for expenditure in fiscal years 2005 and 2006 in the following amounts for the following purposes:

                (1) up to one hundred twenty-five thousand dollars ($125,000) to repay a state board of finance loan for trials in fiscal year 2005; and

                (2) one hundred thousand dollars ($100,000) for expenses for trials in fiscal year 2006.

          B. Any unexpended or unencumbered balance remaining at the end of fiscal year 2006 shall revert to the general fund.

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