HOUSE BILL 361
56th legislature - STATE OF NEW MEXICO - first session, 2023
MAKING AN APPROPRIATION TO THE CHILDREN'S TRUST FUND TO CONTINUE TO CARRY OUT THE PURPOSES OF THE CHILDREN'S TRUST FUND ACT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Three million dollars ($3,000,000) is appropriated from the general fund to the children's trust fund for expenditure in fiscal year 2024 and subsequent fiscal years to continue to carry out the purposes of the Children's Trust Fund Act as enumerated in Sections 24-19-2 and 24-19-4 NMSA 1978. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.