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: Payne DATE TYPED: 02/09/00 HB
SHORT TITLE: Tobacco Settlement Program Fund Distributions SB 349/aSFC
ANALYST: Pacheco-Perez

APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
NA



ORIGINAL APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 17,574.0 Rec Tobacco Settlement Program Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION



Commission on Higher Education (CHE)



SUMMARY



Synopsis of SFC Amendment



This amendment strikes the appropriation in its entirety.



Synopsis of Original Bill



This bill appropriates $17,574.0 from the tobacco settlement program fund to the Board of Regents of the University of New Mexico for the Health Sciences Center for research and clinical care programs in tobacco-related illnesses, including programs in laboratory science; genomics; epidemiology; education and training; clinical intervention; clinical trials; and community outreach.



FISCAL IMPLICATIONS



The appropriation of $17,574.0 contained in this bill is a recurring expense to the tobacco settlement program fund. Any unexpended or unencumbered balance remaining at the end of FY01 shall revert to the tobacco settlement program fund.



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