SENATE BILL 45

44th legislature - STATE OF NEW MEXICO - second session, 2000

INTRODUCED BY

Roman M. Maes III

FOR THE ECONOMIC AND RURAL DEVELOPMENT AND

TELECOMMUNICATIONS COMMITTEE

AN ACT

MAKING AN APPROPRIATION TO THE ECONOMIC DEVELOPMENT DEPARTMENT.

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

Section 1. APPROPRIATION.--Three million five hundred thousand dollars ($3,500,000) is appropriated from the general fund to the economic development department for expenditure in fiscal year 2001 to fund the seven regional developer positions and to professionally market New Mexico to attract new businesses. Any unexpended or unencumbered balance remaining at the end of fiscal year 2001 shall revert to the general fund.

.130846.1