Section 21-19A-12 - Budget; disbursement and appropriation. - New-mexico Statutes

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Statutes > New-mexico > Chapter-21 > Article-19a > Section-21-19a-12

21-19A-12. Budget; disbursement and appropriation.

A. For the first two years after the effective date of the Apprenticeship Assistance Act [21-19A-1 NMSA 1978], the division shall disburse funds for each apprenticeship committee, taking into account the number of total monthly contact hours and based on one dollar fifty cents ($1.50) per participant contact hour of related instruction, not to exceed two hundred twenty hours per participant per year. Thereafter, funds shall be distributed in accordance with Section 10 [21-19A-10 NMSA 1978] of the Apprenticeship Assistance Act.

B. The division shall require from the apprenticeship committees such reports as it deems necessary for the purpose of determining the number of total monthly contact hours.

C. Funds appropriated under the Apprenticeship Assistance Act shall be disbursed by the division, and the division shall have sole control over the disbursement of those funds; provided, however, the division shall not fund any apprenticeship committee not certified by the council or the bureau.

State Codes and Statutes

Statutes > New-mexico > Chapter-21 > Article-19a > Section-21-19a-12

21-19A-12. Budget; disbursement and appropriation.

A. For the first two years after the effective date of the Apprenticeship Assistance Act [21-19A-1 NMSA 1978], the division shall disburse funds for each apprenticeship committee, taking into account the number of total monthly contact hours and based on one dollar fifty cents ($1.50) per participant contact hour of related instruction, not to exceed two hundred twenty hours per participant per year. Thereafter, funds shall be distributed in accordance with Section 10 [21-19A-10 NMSA 1978] of the Apprenticeship Assistance Act.

B. The division shall require from the apprenticeship committees such reports as it deems necessary for the purpose of determining the number of total monthly contact hours.

C. Funds appropriated under the Apprenticeship Assistance Act shall be disbursed by the division, and the division shall have sole control over the disbursement of those funds; provided, however, the division shall not fund any apprenticeship committee not certified by the council or the bureau.

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State Codes and Statutes

Statutes > New-mexico > Chapter-21 > Article-19a > Section-21-19a-12

21-19A-12. Budget; disbursement and appropriation.

A. For the first two years after the effective date of the Apprenticeship Assistance Act [21-19A-1 NMSA 1978], the division shall disburse funds for each apprenticeship committee, taking into account the number of total monthly contact hours and based on one dollar fifty cents ($1.50) per participant contact hour of related instruction, not to exceed two hundred twenty hours per participant per year. Thereafter, funds shall be distributed in accordance with Section 10 [21-19A-10 NMSA 1978] of the Apprenticeship Assistance Act.

B. The division shall require from the apprenticeship committees such reports as it deems necessary for the purpose of determining the number of total monthly contact hours.

C. Funds appropriated under the Apprenticeship Assistance Act shall be disbursed by the division, and the division shall have sole control over the disbursement of those funds; provided, however, the division shall not fund any apprenticeship committee not certified by the council or the bureau.