SENATE BILL 266
56th legislature - STATE OF NEW MEXICO - second session, 2024
Roberto "Bobby" J. Gonzales and Leo Jaramillo
MAKING AN APPROPRIATION TO CARRY OUT THE PURPOSES OF THE ACEQUIA AND COMMUNITY DITCH FUND ACT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--One million five hundred thousand dollars ($1,500,000) is appropriated from the general fund to the acequia and community ditch fund for expenditure in fiscal year 2025 and subsequent fiscal years to carry out the purposes of the Acequia and Community Ditch Fund Act. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.