AN ACT

MAKING APPROPRIATIONS FOR DEVELOPMENT TRAINING PROGRAMS; DECLARING AN EMERGENCY.



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

Section 1. APPROPRIATIONS.--Six million dollars ($6,000,000) is appropriated from the general fund to the development training fund for expenditure in fiscal year 1998 and subsequent fiscal years for a development training program providing classroom and in-plant training to furnish qualified manpower resources for certain new or expanding industries and businesses in the state. Any unexpended or unencumbered balance remaining at the end of any fiscal year shall not revert to the general fund.

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



HB 113

Page 1