SENATE BILL 779

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

INTRODUCED BY

Kent L. Cravens

AN ACT

MAKING AN APPROPRIATION FOR OPERATION OF THE MAGDALENA RIDGE OBSERVATORY.

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 board of regents of New Mexico institute of mining and technology for expenditure in fiscal year 2008 for operation of the Magdalena ridge observatory at New Mexico institute of mining and technology. Any unexpended or unencumbered balance remaining at the end of fiscal year 2008 shall revert to the general fund.

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