HOUSE BILL 100

48th legislature - STATE OF NEW MEXICO - first session, 2007

INTRODUCED BY

Daniel R. Foley

FOR THE

ECONOMIC AND RURAL DEVELOPMENT AND TELECOMMUNICATIONS COMMITTEE

AN ACT

MAKING AN APPROPRIATION FOR SMALL BUSINESS INNOVATION RESEARCH OUTREACH.

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

     Section 1. APPROPRIATION.--Two hundred fifty thousand dollars ($250,000) is appropriated from the general fund to the higher education department for expenditure in fiscal year 2008 for the small business innovation research outreach program at central New Mexico community college. Any unexpended or unencumbered balance remaining at the end of fiscal year 2008 shall revert to the general fund.

.164363.1