SENATE BILL 148
54th legislature - STATE OF NEW MEXICO - second session, 2020
Joseph Cervantes and Tomás E. Salazar
ENDORSED BY THE NEW MEXICO FINANCE AUTHORITY
MAKING AN APPROPRIATION TO THE WATER TRUST FUND.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Forty-one million dollars ($41,000,000) is appropriated from the general fund to the water trust fund for expenditure in fiscal year 2021 and subsequent fiscal years to carry out the purposes of the fund. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.