SENATE BILL 30

49th legislature - STATE OF NEW MEXICO - first special session, 2009

INTRODUCED BY

Eric G. Griego

AN ACT

RELATING TO CAPITAL OUTLAY; REQUIRING THE LEGISLATIVE COUNCIL SERVICE, THE LEGISLATIVE FINANCE COMMITTEE AND THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO IDENTIFY VOIDABLE CAPITAL OUTLAY GENERAL FUND APPROPRIATIONS BY DECEMBER 1, 2009 FOR INTRODUCTION AND CONSIDERATION IN THE 2010 LEGISLATIVE SESSION FOR VOIDING; DECLARING AN EMERGENCY.

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

     Section 1. CAPITAL OUTLAY VOIDABLE LIST--TEMPORARY PROVISION.--The legislative council service, the legislative finance committee and the department of finance and administration shall review all unexpended capital outlay projects funded by general fund appropriations and identify one hundred fifty million dollars ($150,000,000) of voidable capital outlay projects by December 1, 2009. A minimum of one hundred fifty million dollars ($150,000,000) in unexpended general fund capital outlay projects that have been determined by the legislative council service, the legislative finance committee and the department of finance and administration to be voidable shall be submitted as a bill for legislative consideration and action in the second session of the forty-ninth legislature.

     Section 2. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.

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