MAKING AN APPROPRIATION FOR DEVELOPMENT TRAINING PROGRAMS; DECLARING AN EMERGENCY.

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

Section 1. APPROPRIATIONS.--

A. The following amounts are appropriated from the general fund for expenditure in fiscal year 1999 and subsequent fiscal years:

(1) one hundred sixty thousand dollars ($160,000) to the economic development department to assist companies in rural areas in applying for and using in-plant training and other state development training resources; and

(2) six million dollars ($6,000,000) to the development training fund 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 269

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