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F I S C A L I M P A C T R E P O R T





SPONSOR: Marquardt DATE TYPED: 2-22-01 HB 378
SHORT TITLE: Student Choice Voucher Act SB
ANALYST: Segura


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
 Recurring

or Non-Rec

 Fund

Affected

FY01 FY02 FY01 FY02

See Narrative



(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates/Conflicts with/Companion to/Relates to HB-16,HB-84 and HB-151



SOURCES OF INFORMATION



State Department of Education (SDE)



SUMMARY



Synopsis of Bill



House Bill 378 proposes to enact the Student Choice Voucher Act, related to school vouchers for elementary and secondary education. The bill authorizes redemption of vouchers at public schools.



Significant Issues



House Bill 378 establishes a three year phase in of a public school voucher program to allow all students residing in New Mexico to attend the public school of their choice.



The bill does not include private school participation.



The SDE has provided an in-depth analysis of the issues related to House Bill 378. The department addresses numerous fiscal, technical and substantive issues. The analysis is attached.



RS/njw

Attachment