HOUSE TAXATION AND REVENUE COMMITTEE SUBSTITUTE FOR

HOUSE BILL 1137

48th legislature - STATE OF NEW MEXICO - first session, 2007

AN ACT

RELATING TO PUBLIC BUILDINGS; MAKING APPROPRIATIONS FOR RENOVATIONS AT CAPITOL NORTH, LIMITED RENOVATIONS AT THE CAPITOL AND PLANNING FOR LONG-TERM SPACE NEEDS FOR ALL AGENCIES AT THE CAPITOL; DECLARING AN EMERGENCY.

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

     Section 1. APPROPRIATIONS--CAPITOL RENOVATIONS.--The following appropriations are made from the following sources to the legislative council service for expenditure in fiscal years 2007 through 2011 for the purpose of planning, designing, constructing and renovating capitol north and limited renovations at the capitol to provide for currently identified space needs of legislative staff and developing long-range space plans to address long-term space needs of all the agencies at the capitol. Any unexpended or unencumbered balance remaining at the end of fiscal year 2011 shall revert to the capitol buildings repair fund:

          A. one million dollars ($1,000,000) is appropriated from the fiscal year 2007 distributions to the capitol buildings repair fund;

          B. two million five hundred thousand dollars ($2,500,000) is appropriated from the fiscal year 2008 distributions to the capitol buildings repair fund; and

          C. one million dollars ($1,000,000) is appropriated from legislative cash balances.

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

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