SENATE CAPITAL OUTLAY REQUEST 772

STATE OF NEW MEXICO

44TH LEGISLATURE - FIRST SESSION - 1999

REQUESTED BY

FOR CHANGING THE PURPOSE OF A SEVERANCE TAX BOND APPROPRIATION FOR THE PECOS RIVER MULTIPURPOSE BUILDING IN CARLSBAD IN EDDY COUNTY.

The severance tax bond proceeds appropriated to the local government division of the department of finance and administration pursuant to Subsection PPPPPPP of Section 11 of Chapter 118 of Laws 1998 to make improvements to the boys= and girls= club building and parking lot in Carlsbad in Eddy county shall not be used for that purpose, but are appropriated to the local government division for construction costs of the Pecos River Village multipurpose building in Carlsbad in Eddy county. Any unexpended or unencumbered balance remaining at the end of fiscal year 2003 shall revert to the severance tax bonding fund.

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