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SENATE BILL 209
57
TH LEGISLATURE
-
STATE
OF
NEW
MEXICO
-
FIRST SESSION
,
2025
INTRODUCED BY
Pete Campos
AN ACT
MAKING AN APPROPRIATION TO THE RURAL LIBRARIES ENDOWMENT FUND.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Twenty-nine million five
hundred thousand dollars ($29,500,000) is appropriated from the
general fund to the rural libraries endowment fund for
expenditure in fiscal year 2026 and subsequent fiscal years for
the purposes of the fund. Any unexpended or unencumbered
balance remaining at the end of a fiscal year shall not revert
to the general fund.
.229695.1