HOUSE BILL 40

46th legislature - STATE OF NEW MEXICO - second session, 2004

INTRODUCED BY

Henry Kiki Saavedra

AN ACT

MAKING AN APPROPRIATION TO THE ECONOMIC DEVELOPMENT DEPARTMENT FOR MANUFACTURING EXTENSION SERVICES; DECLARING AN EMERGENCY.

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

     Section 1. APPROPRIATION.--

          A. Four hundred thousand dollars ($400,000) is appropriated from the general fund to the economic development department for expenditure in fiscal years 2004 and 2005 to contract for manufacturing extension services. Any unexpended or unencumbered balance remaining at the end of fiscal year 2005 shall revert to the general fund.

          B. Expenditure of any of the money appropriated in Subsection A of this section is contingent upon the receipt of money from the national institute of standards and technology to operate a manufacturing center in New Mexico that is approved by the national institute of standards and technology.

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

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