0001|                           SENATE BILL 234
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0002|     43RD LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 1998
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0003|                            INTRODUCED BY
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0004|                             GLORIA HOWES
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0005|     
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0006|                                   
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0007|     
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0008|     
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0009|     
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0010|                                AN ACT
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0011|     MAKING APPROPRIATIONS TO STATE PUBLIC POST-SECONDARY
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0012|     INSTITUTIONS FOR ENHANCEMENT OF THE FUNDING FORMULA FOR
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0013|     EXTENDED SERVICES INSTRUCTION.
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0014|     
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0015|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0016|          Section 1.  APPROPRIATIONS.--
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0017|               A.  Seven hundred sixty-seven thousand seven
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0018|     hundred dollars ($767,700) is appropriated from the general
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0019|     fund to the following public post-secondary institutions for
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0020|     expenditure in fiscal year 1999 for the purpose of reducing
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0021|     the tuition credit in the funding formula for extended
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0022|     services instruction:
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0023|                    (1)  two thousand one hundred dollars ($2,100)
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0024|     to the board of regents of New Mexico institute of mining and
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0025|     technology in Socorro county;
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0001|                    (2)  eighty-one thousand four hundred dollars
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0002|     ($81,400) to the board of regents of New Mexico state
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0003|     university in Dona Ana county;
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0004|                    (3)  four hundred one thousand six hundred
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0005|     dollars ($401,600) to the board of regents of the university
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0006|     of New Mexico in Bernalillo county;
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0007|                    (4)  seventy-five thousand one hundred dollars
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0008|     ($75,100) to the board of regents of eastern New Mexico
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0009|     university in Roosevelt county;
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0010|                    (5)  sixty thousand eight hundred dollars
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0011|     ($60,800) to the board of regents of New Mexico highlands
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0012|     university in San Miguel county;
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0013|                    (6)  eighty-one thousand dollars ($81,000) to
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0014|     the board of regents of western New Mexico university in Grant
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0015|     county;
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0016|                    (7)  sixteen thousand six hundred dollars
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0017|     ($16,600) to the governing board of Clovis community college
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0018|     in Curry county;
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0019|                    (8)  seven thousand three hundred dollars
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0020|     ($7,300) to the governing board of New Mexico junior college
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0021|     in Lea county;
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0022|                    (9)  nine thousand seven hundred dollars
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0023|     ($9,700) to the board of regents of northern New Mexico state
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0024|     school in Rio Arriba county; and
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0025|                    (10)  thirty-two thousand one hundred dollars
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0001|     ($32,100) to the board of regents of the Roswell branch of
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0002|     eastern New Mexico university in Chaves county.
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0003|               B.  Two million six hundred fifty thousand one
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0004|     hundred dollars ($2,650,100) is appropriated from the general
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0005|     fund to the commission on higher education for expenditure in
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0006|     fiscal year 1999 for the purpose of funding the general or "G"
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0007|     component of the extended services and distance education
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0008|     formula.  In order to encourage collaboration between the
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0009|     institutions delivering instructional credit and those at
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0010|     which the credit is received, the delivering and receiving
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0011|     institutions, in cooperation with the commission on higher
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0012|     education, shall devise a plan for distribution of this
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0013|     funding between the delivering and receiving institutions on
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0014|     an equitable basis.  Funds shall be distributed to the
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0015|     institutions by the commission on higher education upon
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0016|     completion of this funding distribution plan.
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0017|               C.  Any unexpended or unencumbered balance
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0018|     remaining at the end of fiscal year 1999 shall revert to the
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0019|     general fund.
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0020|                              
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