HOUSE BILL 8

50th legislature - STATE OF NEW MEXICO - first session, 2011

INTRODUCED BY

Ben Lujan

AN ACT

MAKING AN APPROPRIATION FOR DEVELOPMENT TRAINING; DECLARING AN EMERGENCY.

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

     SECTION 1. APPROPRIATION.--Five million dollars ($5,000,000) is appropriated from the general fund to the development training fund for expenditure in fiscal year 2011 and subsequent fiscal years for a development training program providing classroom and in-plant training to furnish qualified human resources for certain new or expanding industries and businesses in the state. Any unexpended or unencumbered balance remaining at the end of a 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.