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