SENATE BILL 164

52nd legislature - STATE OF NEW MEXICO - first session, 2015

INTRODUCED BY

Mary Kay Papen and W. Ken Martinez

AN ACT

MAKING AN APPROPRIATION FOR JOB TRAINING.

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

     SECTION 1. APPROPRIATION.--Twelve million dollars ($12,000,000) is appropriated from the general fund to the development training fund for expenditure in fiscal year 2016 and subsequent fiscal years for a development training program providing classroom and in-plant training to furnish qualified human resources for certain new or expanding industries and businesses in the state. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

.198406.1