HOUSE CAPITAL OUTLAY REQUEST 732

STATE OF NEW MEXICO

45TH LEGISLATURE - SECOND SESSION - 2002

REQUESTED BY Don Tripp

FOR A REAUTHORIZATION TO EXTEND THE EXPENDITURE PERIOD OF A SEVERANCE TAX BOND APPROPRIATION TO PURCHASE AND EQUIP A MODULAR BUILDING TO BE USED AS AN ANIMAL SHELTER IN SOCORRO IN SOCORRO COUNTY.

On the effective date of this act, the period of time in which the balance of the unencumbered proceeds from the sale of severance tax bonds appropriated to the local government division of the department of finance and administration pursuant to Subsection FFFFF of Section 11 of Chapter 118 of Laws of 1998 and extended in Section 93 of Chapter 23 of Laws 2000 (2nd S.S.) to purchase and equip a modular building to be used as an animal shelter in Socorro in Socorro county may be expended is extended through fiscal year 2007. Any unexpended or unencumbered balance remaining at the end of fiscal year 2007 shall revert to the severance tax bonding fund.