SENATE BILL 585

47th legislature - STATE OF NEW MEXICO - second session, 2006

INTRODUCED BY

Mary Jane M. Garcia

AN ACT

MAKING AN APPROPRIATION FOR THE HISTORIC PRESERVATION LOAN FUND.

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

     Section 1. APPROPRIATION.--Five hundred thousand dollars ($500,000) is appropriated from the general fund to the cultural affairs department for the historic preservation loan fund for expenditure in fiscal years 2007 and subsequent fiscal years to carry out the provisions of Section 18-6-23 NMSA 1978. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

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