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28 | 28 | HOUSE BILL 150 | |
29 | 29 | 57TH LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION, 2025 | |
30 | 30 | INTRODUCED BY | |
31 | 31 | Jack Chatfield | |
32 | 32 | AN ACT | |
33 | 33 | MAKING AN APPROPRIATION TO THE BOARD OF REGENTS OF NEW MEXICO | |
34 | 34 | STATE UNIVERSITY FOR THE NEW MEXICO DEPARTMENT OF AGRICULTURE | |
35 | 35 | FOR GRANTS TO ASSIST STATE MEAT PROCESSORS IN FACING ECONOMIC | |
36 | 36 | AND TECHNOLOGICAL CHALLENGES. | |
37 | 37 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | |
38 | 38 | SECTION 1. APPROPRIATION.--Three million dollars | |
39 | 39 | ($3,000,000) is appropriated from the general fund to the board | |
40 | 40 | of regents of New Mexico state university for expenditure in | |
41 | 41 | fiscal years 2026 through 2029 for the New Mexico department of | |
42 | 42 | agriculture for grants to assist state meat processors in | |
43 | 43 | adapting to new meat processing technologies and changing | |
44 | 44 | market dynamics, to ease their regulatory burden, overcome | |
45 | 45 | inefficiencies in the meat production chain and continue to | |
46 | 46 | make a positive economic impact in their communities. Any | |
47 | 47 | .229383.1 underscored material = new | |
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74 | 74 | unexpended or unencumbered balance remaining at the end of | |
75 | 75 | fiscal year 2029 shall revert to the general fund. | |
76 | 76 | - 2 - | |
77 | 77 | .229383.1 |