SENATE BILL 209

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

INTRODUCED BY

Pete Campos and Anthony L. Thornton

and Roberto "Bobby" J. Gonzales and Andrea Romero

and Antoinette Sedillo Lopez

 

 

 

AN ACT

MAKING AN APPROPRIATION TO THE RURAL LIBRARIES ENDOWMENT FUND.

 

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

     SECTION 1. APPROPRIATION.--Twenty-nine million five hundred thousand dollars ($29,500,000) is appropriated from the general fund to the rural libraries endowment fund for expenditure in fiscal year 2026 and subsequent fiscal years for the purposes of the fund. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

.229695.1