AN ACT CONVERTING THE CARLOS HILADO MEMORIAL STATE COLLEGE IN THE CITY OF TALISAY, AND ALL ITS SATELLITE CAMPUSES LOCATED IN THE CITY OF BACOLOD AND IN THE MUNICIPALITY OF BINALBAGAN, ALL IN THE PROVINCE OF NEGROS OCCIDENTAL, INTO A STATE UNIVERSITY TO BE KNOWN AS THE CARLOS HILADO MEMORIAL STATE UNIVERSITY, AND APPROPRIATING FUNDS THEREFOR.