N.M. Admin. Code § 5.3.8.8

Current through Register Vol. 35, No. 17, September 10, 2024

Section 5.3.8.8 - DISBURSEMENT CRITERIA

A. Process to inform: The educational television stations will submit equipment inventories to the commission on higher education on September 15th of each year. These inventories will contain detailed listings of eligible equipment showing the useful life of the equipment.

B. Recommendations: Based on these inventories, and the equipment scheduled to be replaced, the commission on higher education will annually make a recommendation to the legislature regarding appropriations to the educational television replacement fund.

C. Disbursement: Upon receipt of the appropriation, the commission on higher education will make an equitable disbursement of the funds, corresponding to the previously submitted inventories from the three educational television stations operating in the state of New Mexico; KENW (Portales), KNME (Albuquerque), and KRWG (Las Cruces).

N.M. Admin. Code § 5.3.8.8

7-1-98; Recompiled 10/31/01