SENATE BILL 199
56th legislature - STATE OF NEW MEXICO - second session, 2024
MAKING AN APPROPRIATION TO THE AVIATION DIVISION OF THE DEPARTMENT OF TRANSPORTATION FOR CONSTRUCTION AND IMPROVEMENTS TO THE ROSWELL AIR CENTER FOR THE PURPOSE OF HOSTING AIR RACING EVENTS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Ten million dollars ($10,000,000) is appropriated from the general fund to the aviation division of the department of transportation for expenditure in fiscal years 2025 through 2029 for construction, reconstruction, repairs and improvements, including planning, design and equipment, to the Roswell air center for the purpose of hosting air racing events. Any unexpended or unencumbered balance remaining at the end of fiscal year 2029 shall revert to the general fund.