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





SPONSOR: Taylor, JP DATE TYPED: 02/09/01 HB 207
SHORT TITLE: El Favor de Los Santos & Retablo Exhibition SB
ANALYST: Gilbert


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY01 FY02 FY01 FY02
$ 300.0 Non-Recurring General Fund



(Parenthesis ( ) Indicate Expenditure Decreases)



SOURCES OF INFORMATION



LFC Files

Commission for Higher Education (CHE)

CHE Files - Special Funding Requests Submitted by NMSU



SUMMARY



Synopsis of Bill



House Bill 207 appropriates $300.0 to New Mexico State University (NMSU) to support collaboration among New Mexico, the United States, Mexico and Spain on artistic initiatives and to support the touring exhibition of El Favor de Los Santos (the NMSU retablo collection) and conservation and cataloging of this collection.



FISCAL IMPLICATIONS



The appropriation of $300.0 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of FY02 shall revert to the general fund.



OTHER SUBSTANTIVE ISSUES



This project was not recommended for funding by the NMSU Board of Regents or the Commission on Higher Education.



LG/ar