Bill > HB114

This bill appropriates $250,000 from the state's general fund to the board of regents of New Mexico State University (NMSU) to support the Southwest Technology Development Institute. This funding is intended to expand research and training in microgrids, which are localized energy grids that can disconnect from the main grid and operate independently, and renewables, which refers to energy sources like solar and wind power. The appropriation is for fiscal year 2017 and subsequent years, and any unspent funds will not be returned to the general fund at the end of a fiscal year.