0001|                           SENATE BILL 345
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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|                           RAMSAY L. GORHAM
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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|     RELATING TO PUBLIC EDUCATION; PROVIDING FOR A TWENTY PERCENT
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0012|     SALARY INCREASE FOR WORLD-CLASS TEACHERS WHO HAVE BECOME
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0013|     CERTIFIED BY THE NATIONAL BOARD FOR PROFESSIONAL TEACHING
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0014|     STANDARDS; MAKING AN APPROPRIATION.
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0015|     
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0016|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0017|          Section 1.  WORLD-CLASS TEACHERS--SALARY INCREASE--
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0018|     APPROPRIATION.--
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0019|               A.  During fiscal year 1999 the state department of
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0020|     public education shall distribute an amount to each local
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0021|     school district necessary to provide a twenty percent salary
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0022|     increase to each teacher within that school district who has
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0023|     been certified by the national board for professional teaching
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0024|     standards.
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0025|               B.  Five hundred thousand dollars ($500,000) is
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0001|     appropriated from the general fund to the state department of
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0002|     public education for expenditure in fiscal year 1999 for the
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0003|     purpose of carrying out the provisions of Subsection A of this
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0004|     section.  Any unexpended or unencumbered balance remaining at
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0005|     the end of fiscal year 1999 shall revert to the general fund.
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0006|                              
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