HOUSE BILL 15

46th legislature - STATE OF NEW MEXICO - first session, 2003

INTRODUCED BY

Ted Hobbs







AN ACT

MAKING AN APPROPRIATION FOR A DEVELOPMENT TRAINING PROGRAM; DECLARING AN EMERGENCY.



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

Section 1. APPROPRIATION.--Twenty million dollars ($20,000,000) is appropriated from the general fund to the development training fund for expenditure in fiscal year 2003 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.

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