New Mexico 2025 Regular Session

New Mexico Senate Bill SB495 Latest Draft

Bill / Enrolled Version Filed 04/14/2025

                            SB 495
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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 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 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."