2017 New Mexico Statutes
Chapter 50 - Employment Law
Article 14A - Rapid Workforce Development
Section 50-14A-5 - Rapid workforce development fund created. (Repealed effective July 1, 2024.)

Universal Citation: NM Stat § 50-14A-5 (2017)

50-14A-5. Rapid workforce development fund created. (Repealed effective July 1, 2024.)

The "rapid workforce development fund" is created in the state treasury. The fund consists of appropriations and money otherwise accruing to the fund. Money in the fund is subject to appropriation by the legislature to the economic development department for use as provided in Section 6 [50-14A-6 NMSA 1978] of the Rapid Workforce Development Act. Money in the fund shall be disbursed on warrants signed by the secretary of finance and administration pursuant to vouchers signed by the secretary of economic development or the secretary's authorized representative. Any balance remaining in the fund at the end of a fiscal year shall not revert to the general fund.

History: Laws 2016, ch. 23, 5.

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