SENATE BILL 74
56th legislature - STATE OF NEW MEXICO - second session, 2024
MAKING AN APPROPRIATION TO THE BOARD OF REGENTS OF THE UNIVERSITY OF NEW MEXICO FOR DEVELOPMENT AND FACULTY HIRING FOR THE SCHOOL OF PUBLIC HEALTH.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Twenty-two million eight hundred thousand dollars ($22,800,000) is appropriated from the general fund to the board of regents of the university of New Mexico for expenditure in fiscal years 2025 through 2028 for development and faculty hiring for the school of public health. No more than five million seven hundred thousand dollars ($5,700,000) shall be spent in any one fiscal year. Any unexpended or unencumbered balance remaining at the end of fiscal year 2028 shall revert to the general fund.