45th legislature - STATE OF NEW MEXICO - first session, 2001

RELATING TO HIGHER EDUCATION; ESTABLISHING AN INSTITUTE FOR COMPLEX ADDITIVE SYSTEMS ANALYSIS AT THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY; ENACTING A NEW SECTION OF THE NMSA 1978; MAKING AN APPROPRIATION.

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

Section 1. A new section of Chapter 21, Article 11 NMSA 1978 is enacted to read:

"[NEW MATERIAL] INSTITUTE FOR COMPLEX ADDITIVE SYSTEMS ANALYSIS ESTABLISHED--FUNCTION OF INSTITUTE.--

A. The board of regents of the New Mexico institute of mining and technology shall establish an institute for complex additive systems analysis.

B. The function of the institute for complex additive systems analysis is to:

(1) offer formal degree programs that integrate components of the computer science, engineering and management departments at the New Mexico institute of mining and technology;

(2) use joint faculty appointments and fellowships to recruit teachers from the ranks of academia, government and private industry;

(3) perform basic research and applied research for the purpose of analyzing and understanding complex interdependent systems;

(4) use research developed at the institute to help solve issues regarding complex interdependent systems that arise in the public and private sectors; and

(5) stimulate commerce by serving as an information age extension service for New Mexico businesses." Section 2. APPROPRIATION.--Three hundred fifty thousand dollars ($350,000) is appropriated from the general fund to the board of regents at the New Mexico institute of mining and technology for expenditure in fiscal year 2002 for the purpose of funding work performed by the institute for complex additive systems analysis. Any unexpended or unencumbered balance remaining at the end of fiscal year 2002 shall revert to the general fund.

Section 3. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2001.