NOTE: As provided in LFC policy, this report is intended for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.

Only the most recent FIR version, excluding attachments, is available on the Intranet. Previously issued FIRs and attachments may be obtained from the LFC office in Suite 101 of the State Capitol Building North.

(Parenthesis ( ) Indicate Expenditure Decreases)

Relates to HB2

SOURCES OF INFORMATION

Commission on Higher Education (CHE)

SUMMARY

Synopsis of HEC Amendment

This amendment adds the following language: "A plan for a program evaluation, including specific program goals and criteria for assessing effectiveness shall be submitted to the LFC and the CHE by August 1, 2000 and an assessment shall be completed annually."

Synopsis of Original Bill

This bill appropriates $50.0 from the general fund to the Board of Regents of the University of New Mexico to fund efforts by the Latin American and Iberian Institute to promote study in Spain by UNM students and to promote related exchange activities with Spanish universities.

FISCAL IMPLICATIONS

The appropriation of $50.0 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of FY01 shall revert to the general fund.

CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP

This bill relates to House Bill 2 which contains $192.4 in base funding for this program.

OTHER SUBSTANTIVE ISSUES

CHE recommends that the following language be included for all new recurring higher education programs: "A plan for a program evaluation, including specific program goals and criteria for assessing program effectiveness shall be submitted to LFC and CHE by October 1, 2000. An assessment of the program will be completed prior to June 30, 2001 and submitted to LFC and CHE."

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