HOUSE BILL 434

48th legislature - STATE OF NEW MEXICO - second session, 2008

INTRODUCED BY

Rick Miera

AN ACT

MAKING AN APPROPRIATION TO THE EDUCATIONAL TECHNOLOGY DEFICIENCY CORRECTION FUND.

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

     Section 1. APPROPRIATION.--Eighty-seven million eight hundred forty thousand dollars ($87,840,000) is appropriated from the general fund to the educational technology deficiency correction fund for expenditure in fiscal year 2009 and subsequent fiscal years to make allocations to correct serious deficiencies in educational technology infrastructure pursuant to the Technology for Education Act. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

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