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SENATE BILL 495
57
TH LEGISLATURE
-
STATE
OF
NEW
MEXICO
-
FIRST SESSION
,
2025
INTRODUCED BY
Pete Campos
AN ACT
RELATING TO STATE EDUCATIONAL INSTITUTIONS; INCLUDING
APPROPRIATIONS FOR EDUCATIONAL RADIO BY THE HIGHER EDUCATION
DEPARTMENT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. Section 21-1-34 NMSA 1978 (being Laws 1977,
Chapter 330, Section 1, as amended) is amended to read:
"21-1-34. EDUCATIONAL TELEVISION EQUIPMENT REPLACEMENT
FUND--DISBURSEMENT.--The "educational television equipment
replacement fund" is created as a nonreverting fund in the
state treasury. The higher education department shall develop
criteria and promulgate rules for the disbursement of money in
this fund for the replacement of equipment at educational
television and radio stations operated by state institutions of
higher education or public schools . Disbursement shall be made
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to the institutions by warrant of the department of finance and
administration upon vouchers signed by the secretary of higher
education. It is the intent of the legislature that [in
subsequent years] a specific line item for educational
television and radio replacement shall be included in the
appropriations recommended for educational television and radio
by the department. [The appropriation to the fund in the
General Appropriation Act of 1982 shall not revert to the
general fund at the end of any fiscal year, and no subsequent
appropriation to the fund shall revert unless it contains the
sentence "The appropriation to the educational television
equipment replacement fund shall revert". ]"
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