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NM SB98

NM SB98
Nmsu economic development promotion


summary

Introduced
01/20/2015
In Committee
02/18/2015
Crossed Over
Passed
Dead
03/21/2015

Introduced Session

2015 Regular Session

Bill Summary

Nmsu economic development promotion

AI Summary

This bill appropriates $100,000 from the state's general fund to the board of regents of New Mexico State University (NMSU) for fiscal year 2016 and beyond, specifically to support the Arrowhead Center for Business Development. The purpose of this funding is to promote economic development and entrepreneurship across New Mexico, and any money not spent or committed by the end of a fiscal year will remain available for future use, rather than being returned to the general fund.

Committee Categories

Budget and Finance, Education

Sponsors (2)

Last Action

[LD 22] Action postponed indefinitely (on 02/18/2015)

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