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.



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



SPONSOR: Aragon DATE TYPED: 02/02/00 HB
SHORT TITLE: Office of International Technical Cooperation SB 298
ANALYST: Pacheco-Perez

APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 175.0 Rec GF

(Parenthesis ( ) Indicate Expenditure Decreases)



Relates to HB2, SB2

SOURCES OF INFORMATION



Commission on Higher Education (CHE)



SUMMARY



Synopsis of Bill



This bill appropriates $175.0 from the general fund to the Board of Regents of the University of New Mexico to operate the Office of International Technical Cooperation at the Latin American Institute.



FISCAL IMPLICATIONS



The appropriation of $175.0 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 and Senate Bill 2 which contain $75.8 for this program.



OTHER SUBSTANTIVE ISSUES



The 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 the LFC and the CHE by October 1, 2000. An assessment of the program will be completed prior to June 30, 2001 and submitted to the LFC and the CHE."



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