HOUSE BILL 298

47th legislature - STATE OF NEW MEXICO - first session, 2005

INTRODUCED BY

Joseph Cervantes

AN ACT

MAKING AN APPROPRIATION TO INCREASE PROFITABILITY, YIELD AND SUSTAINABILITY OF THE CHILE INDUSTRY. 

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

     Section 1. APPROPRIATION.--One hundred thirty thousand dollars ($130,000) is appropriated from the general fund to the board of regents of New Mexico state university for expenditure in fiscal year 2006 to increase the profitability and yield of chile and to increase the economic sustainability of the New Mexico chile industry. Any unexpended or unencumbered balance remaining at the end of fiscal year 2006 shall revert to the general fund.

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