HOUSE BILL 335

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

INTRODUCED BY

Richard D. Vigil

AN ACT

MAKING AN APPROPRIATION TO THE BOARD OF REGENTS OF NEW MEXICO HIGHLANDS UNIVERSITY TO INCREASE EMPLOYEE SALARIES.

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

     Section 1. APPROPRIATION.--Five million dollars ($5,000,000) is appropriated from the general fund to the board of regents of New Mexico highlands university for expenditure in fiscal year 2005 for the purpose of raising employee salaries to the equivalent level of other state post-secondary educational institutions. Any unexpended or unencumbered balance remaining at the end of fiscal year 2005 shall revert to the general fund.

.150140.1