SENATE BILL 1050

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

INTRODUCED BY

Mary Jane M. Garcia

AN ACT

MAKING AN APPROPRIATION TO THE NEW MEXICO DEPARTMENT OF AGRICULTURE TO ASSIST AGRICULTURAL PRODUCERS IN THE ESTABLISHMENT OF COOPERATIVES.

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

     Section 1. APPROPRIATION.--One hundred seventy-five thousand dollars ($175,000) is appropriated from the general fund to the board of regents of New Mexico state university for expenditure in fiscal year 2008 for the New Mexico department of agriculture to assist agricultural producers in the establishment of cooperatives. Any unexpended or unencumbered balance remaining at the end of fiscal year 2008 shall revert to the general fund.

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