SENATE BILL 220
54th legislature - STATE OF NEW MEXICO - second session, 2020
INTRODUCED BY
Elizabeth "Liz” Stefanics
AN ACT
MAKING AN APPROPRIATION TO IMPLEMENT REGIONAL ECONOMIC DEVELOPMENT INITIATIVES IN THE VILLAGE OF PECOS AND THE UPPER PECOS CANYON.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Seventy-five thousand dollars ($75,000) is appropriated from the general fund to the local government division of the department of finance and administration for expenditure in fiscal year 2021 for economic and infrastructure development to implement regional economic development initiatives in support of recreational initiatives and local community development in the village of Pecos and the Upper Pecos canyon. Any unexpended or unencumbered balance remaining at the end of fiscal year 2021 shall revert to the general fund.