HOUSE BILL 464
54th legislature - STATE OF NEW MEXICO - first session, 2019
MAKING AN APPROPRIATION TO THE BOARD OF REGENTS OF EASTERN NEW MEXICO UNIVERSITY TO FUND FIFTY TEACHER EDUCATION STUDENTS' EDUCATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Three hundred thousand dollars ($300,000) is appropriated from the general fund to the board of regents of eastern New Mexico university for expenditure in fiscal year 2020 and subsequent fiscal years to fund tuition and fees for fifty teacher education students who are reflective of the eastern New Mexico university student body ethnic and racial make-up, who have upon application to eastern New Mexico university a minimum ACT score of twenty-four and a minimum high school grade point average of 3.33 out of 4.0 and who commit to teach in one or more New Mexico public schools for four years. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.
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