SENATE BILL 254

51st legislature - STATE OF NEW MEXICO - first session, 2013

INTRODUCED BY

Joseph Cervantes

AN ACT

MAKING AN APPROPRIATION TO NEW MEXICO STATE UNIVERSITY FOR THE ARROWHEAD CENTER FOR BUSINESS DEVELOPMENT.

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

     SECTION 1. APPROPRIATION.--Two hundred five thousand six hundred dollars ($205,600) is appropriated from the general fund to the board of regents of New Mexico state university for expenditure in fiscal year 2014 to support the Arrowhead center for business development. Any unexpended or unencumbered balance remaining at the end of fiscal year 2014 shall revert to the general fund.

.191092.1SA