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

MAKING AN APPROPRIATION TO THE ECONOMIC DEVELOPMENT DEPARTMENT TO MATCH FEDERAL FUNDS IN ORDER TO CARRY OUT THE NEW MEXICO RURAL DEVELOPMENT RESPONSE COUNCIL PROGRAM.

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

Section 1. APPROPRIATION.--One hundred fifty thousand dollars ($150,000) is appropriated from the general fund to the economic development department for expenditure in fiscal years 2002 and 2003 to match federal funds in order to carry out the New Mexico rural development response council program under the national rural development partnership. Any unexpended or unencumbered balance remaining at the end of fiscal year 2003 shall revert to the general fund.

.136518.1