HOUSE BILL 803

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

INTRODUCED BY

Joe M Stell

AN ACT

MAKING AN APPROPRIATION TO FUND THE NATURAL RESOURCE REVENUE RECOVERY TASK FORCE TO ENABLE IT TO CONDUCT BUSINESS AND ADDRESS ITS LEGISLATIVE MANDATES; DECLARING AN EMERGENCY.

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

     Section 1. APPROPRIATION.--One hundred fifty thousand dollars ($150,000) is appropriated from the general fund to the state land office for expenditure in fiscal years 2005 and 2006 to fund the natural resource revenue recovery task force to enable it to conduct business and address its legislative mandates. Any unexpended or unencumbered balance remaining at the end of fiscal year 2006 shall 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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