0001|                         HOUSE BILL 11
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0002|     42ND LEGISLATURE - STATE OF NEW MEXICO - FIRST SPECIAL
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0003|     SESSION, 1996
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0004|                         INTRODUCED BY
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0005|                         VINCE MARTINEZ
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0006|     
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0007|                                
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0008|     
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0009|     
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0010|     
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0011|                             AN ACT
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0012|     MAKING APPROPRIATIONS FOR PUBLIC SCHOOLS.
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0013|     
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0014|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0015|       Section 1.  APPROPRIATIONS.--
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0016|            A.  Seven million dollars ($7,000,000) or the amount
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0017|     remaining in the event a reduction is made pursuant to
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0018|     Subsection B of this section, is appropriated from the general
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0019|     fund to the state department of public education for expenditure
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0020|     in fiscal year 1997 for distribution through state equalization
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0021|     guarantee distribution for the purpose of increasing public
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0022|     school support.
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0023|            B.  If the superintendent of public instruction
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0024|     determines that the public school capital outlay council has
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0025|     agreed to consider the application of the Pecos school district
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0001|     for grant assistance from the public school capital outlay fund
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0002|     for the 1996-1997 school year, then fifteen percent of the seven
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0003|     million dollar ($7,000,000) appropriation set forth in
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0004|     Subsection A of this section is appropriated to the public
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0005|     school capital outlay fund for expenditure in fiscal year 1997.
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0006|            C.  One million dollars ($1,000,000) is appropriated
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0007|     from the general fund to the state department of public
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0008|     education for expenditure in fiscal year 1997 for the purpose of
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0009|     meeting capital outlay costs associated with the opening of two
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0010|     new middle schools in the Rio Rancho school district.
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0011|            D.  Any unexpended or unencumbered balance remaining
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0012|     at the end of fiscal year 1997 shall revert to the general fund.
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0013|                              
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