HOUSE BILL 530

51st legislature - STATE OF NEW MEXICO - first session, 2013

INTRODUCED BY

Nate Gentry

AN ACT

MAKING AN APPROPRIATION TO THE NEW MEXICO BOWL.

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

     SECTION 1. APPROPRIATION.--One million five hundred thousand dollars ($1,500,000) is appropriated from the general fund to the board of regents of the university of New Mexico for expenditure of five hundred thousand dollars ($500,000) in each of fiscal years 2014, 2015 and 2016 to fund the state's annual college football bowl game, the New Mexico bowl. Any unexpended or unencumbered balance remaining at the end of fiscal year 2016 shall revert to the general fund.

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