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Bill > SB149


NM SB149

NM SB149
Rural Libraries Endowment Fund


summary

Introduced
01/24/2022
In Committee
02/01/2022
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE RURAL LIBRARIES ENDOWMENT FUND TO CARRY OUT THE PROVISIONS OF SECTIONS 18-18-1 THROUGH 18-18-4 NMSA 1978 (BEING LAWS 2019, CHAPTER 165, SECTIONS 1 THROUGH 4, AS AMENDED).

AI Summary

This bill appropriates $10 million from the general fund to the Rural Libraries Endowment Fund to carry out the provisions of Sections 18-18-1 through 18-18-4 of the New Mexico Statutes Annotated (NMSA) in fiscal year 2023 and subsequent fiscal years. Any unexpended or unencumbered balance remaining at the end of a fiscal year will not revert to the general fund.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (4)

Last Action

Action Postponed Indefinitely (on 02/01/2022)

bill text


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