HOUSE BILL 499

57th legislature - STATE OF NEW MEXICO - first session, 2025

INTRODUCED BY

Rebecca Dow and Gail Armstrong

 

 

 

 

 

AN ACT

MAKING AN APPROPRIATION TO THE BOARD OF REGENTS OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY TO PAY FOR OPERATIONAL EXPENSES OF A STUDENT SUCCESS CENTER.

 

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

     SECTION 1. APPROPRIATION.--Two million five hundred fifty thousand dollars ($2,550,000) is appropriated from the general fund to the board of regents of the New Mexico institute of mining and technology for expenditure in fiscal years 2026 through 2028 to pay for the operational expenses of a science, technology, engineering and mathematics student success center.

Any unexpended or unencumbered balance remaining at the end of fiscal year 2028 shall revert to the general fund.

.230617.1