SENATE BILL 50
55th legislature - STATE OF NEW MEXICO - second session, 2022
Elizabeth "Liz” Stefanics
FOR THE LEGISLATIVE HEALTH AND HUMAN SERVICES COMMITTEE
MAKING AN APPROPRIATION TO EXPAND NURSING PROGRAMS AT PUBLIC POST-SECONDARY EDUCATIONAL INSTITUTIONS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Fifteen million dollars ($15,000,000) is appropriated from the general fund to the higher education department for expenditure in fiscal year 2023 to provide nursing program expansion grants to public post-secondary educational institutions. The department shall issue grant application and award guidelines for expenditure of the appropriation. Any unexpended or unencumbered balance remaining at the end of fiscal year 2023 shall revert to the general fund.