0001|                         HOUSE BILL 724
    |
0002|     42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION,
    |
0003|     1996
    |
0004|                         INTRODUCED BY
    |
0005|                            MAX COLL
    |
0006|     
    |
0007|     
    |
0008|     
    |
0009|                                
    |
0010|     
    |
0011|                             AN ACT
    |
0012|     PROVIDING FOR TRANSFERS TO THE GENERAL FUND; DECLARING AN
    |
0013|     EMERGENCY.
    |
0014|     
    |
0015|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
    |
0016|       Section 1.  TRANSFERS TO THE GENERAL FUND.--Sixty-six
    |
0017|     million two hundred thousand dollars ($66,200,000) is
    |
0018|     appropriated from the following funds to the general fund in the
    |
0019|     following amounts to meet fiscal year 1995 obligations:
    |
0020|            A.  five million dollars ($5,000,000) from the risk
    |
0021|     account in the public school insurance fund;
    |
0022|            B.  thirty million dollars ($30,000,000) from the
    |
0023|     workers' compensation retention fund;
    |
0024|            C.  thirty million five hundred thousand dollars
    |
0025|     ($30,500,000) from the public liability fund; and
    |
0001|            D.  one million two hundred thousand dollars
    |
0002|     ($1,200,000) from the long-term lease guarantee fund.
    |
0003|       Section 2.  EMERGENCY.--It is necessary for the public
    |
0004|     peace, health and safety that this act take effect immediately.
    |
0005|                              
    |