SENATE BILL 381

51st legislature - STATE OF NEW MEXICO - first session, 2013

INTRODUCED BY

Linda M. Lopez and Sheryl Williams Stapleton

AN ACT

RELATING TO EDUCATION; MAKING THE ADULT BASIC EDUCATION FUND NONREVERTING; MAKING AN APPROPRIATION TO FUND ADULT BASIC EDUCATION PROGRAMS AND HIGH SCHOOL EQUIVALENCY DIPLOMA TESTS.

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

     SECTION 1. Section 21-1-27.5 NMSA 1978 (being Laws 1995, Chapter 56, Section 1, as amended) is amended to read:

     "21-1-27.5. ADULT BASIC EDUCATION FUND CREATED.--The "adult basic education fund" is created in the state treasury. Money in the fund is appropriated to the [commission on] higher education department for the purpose of funding adult basic education programs for educationally disadvantaged adults. Money in the fund shall be distributed by the [commission] department pursuant to an equitable formula established by the [commission] department in consultation with representatives from the adult basic education administrative sites. Any unexpended or unencumbered balance remaining in the fund at the end of each fiscal year shall not revert to the general fund."

     SECTION 2. APPROPRIATION.--Four million dollars ($4,000,000) is appropriated from the general fund to the adult basic education fund for expenditure in fiscal year 2014 and subsequent fiscal years for adult basic education programs. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

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