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

RELATED TO DEVELOPMENT TRAINING; MAKING AN APPROPRIATION; PROVIDING A CONTINGENCY; DECLARING AN EMERGENCY.

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

Section 1. APPROPRIATION--CONTINGENCY.--

A. Nine million dollars ($9,000,000) is appropriated from the general fund to the development training fund for expenditure in fiscal year 2001 and subsequent fiscal years for a development training program providing classroom and in-plant training to furnish qualified manpower resources for certain new or expanding industries and businesses in the state. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

B. Expenditure of any of the appropriation made in Subsection A of this section is contingent upon the enactment into law of Senate Bill 692 of the first session of the forty-fifth legislature.

Section 2. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.