0001| HOUSE BILL 309
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0002| 43RD LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 1998
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0003| INTRODUCED BY
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0004| GAIL C. BEAM
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0005|
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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| AN ACT
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0011| RELATING TO EDUCATION; CREATING THE EDUCATIONAL RADIO
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0012| EQUIPMENT REPLACEMENT FUND; PROVIDING FOR ITS DISBURSEMENT;
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0013| MAKING AN APPROPRIATION.
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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. EDUCATIONAL RADIO EQUIPMENT REPLACEMENT
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0017| FUND--CREATED.--The "educational radio equipment replacement
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0018| fund" is created in the state treasury. Money in the fund is
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0019| appropriated to the office on information and communication
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0020| management. The office on information and communication
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0021| management shall administer the fund and promulgate rules for
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0022| the disbursement of the money in the fund, based on criteria
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0023| developed by the New Mexico commission on public broadcasting,
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0024| for the replacement of equipment at educational radio stations
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0025| operated by public post-secondary educational institutions,
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0001| public school districts or Indian nations, tribes or pueblos
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0002| located in New Mexico. Disbursements shall be made by warrant
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0003| of the department of finance and administration upon vouchers
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0004| signed by the chief information officer of the office on
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0005| information and communication management. Money in the fund
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0006| shall not revert to the general fund at the end of a fiscal
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0007| year.
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0008| Section 2. APPROPRIATION.--Seventy-five thousand dollars
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0009| ($75,000) is appropriated from the general fund to the
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0010| educational radio equipment replacement fund for expenditure
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0011| in fiscal year 1999 and subsequent fiscal years for the
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0012| replacement of educational radio equipment in accordance with
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0013| the provisions of Section 1 of this act. Any unexpended or
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0014| unencumbered balance remaining at the end of any fiscal year
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0015| shall not revert to the general fund.
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0016| - 2 -
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