SENATE BILL 681

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

INTRODUCED BY

Phil A. Griego

AN ACT

MAKING AN APPROPRIATION FOR ATHLETIC PROGRAMS AT INSTITUTIONS OF HIGHER EDUCATION.

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

     Section 1. APPROPRIATION.--

          A. One million dollars ($1,000,000) is appropriated from the general fund in the following amounts to the following institutions for expenditure in fiscal year 2008 to support athletic programs:

                (1) two hundred fifty thousand dollars ($250,000) to the board of regents of New Mexico highlands university;

                (2) two hundred fifty thousand dollars ($250,000) to the board of regents of eastern New Mexico university;

                (3) two hundred fifty thousand dollars ($250,000) to the board of regents of western New Mexico university; and

                (4) two hundred fifty thousand dollars ($250,000) to the board of regents of northern New Mexico state school.

          B. Any unexpended or unencumbered balance remaining at the end of fiscal year 2008 shall revert to the general fund.

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