HOUSE BILL 76

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

INTRODUCED BY

Brian K. Moore

AN ACT

MAKING AN APPROPRIATION FOR THE WATER TRUST FUND; DECLARING AN EMERGENCY.

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

     Section 1. APPROPRIATION.--One hundred fifty million dollars ($150,000,000) is appropriated from the general fund to the water trust fund for expenditure in fiscal year 2004 to finance the water trust fund for purposes of the Water Project Finance Act. Any unexpended or unencumbered balance remaining at the end of fiscal year 2004 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.

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