HOUSE BILL 707

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

INTRODUCED BY

Bengie Regensberg







AN ACT

MAKING AN APPROPRIATION FOR THE NEW MEXICO NATIONAL GUARD TUITION SCHOLARSHIP PROGRAM.



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

Section 1. APPROPRIATION.--Four hundred eighty-nine thousand dollars ($489,000) is appropriated from the general fund to the department of military affairs for expenditure in fiscal year 2002 for the New Mexico national guard tuition scholarship program to fund a one hundred percent tuition credit for current and projected scholarship program participants. Any unexpended or unencumbered balance remaining at the end of fiscal year 2002 shall revert to the general fund.

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