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| SPONSOR: | Lopez | DATE TYPED: | 02/13/01 | HB | |||
| SHORT TITLE: | UNM Institute for Human Resource Development | SB | 552 | ||||
| ANALYST: | Gilbert | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY01 | FY02 | FY01 | FY02 | ||
| $ 150.8 | Recurring | GF | |||
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Commission for Higher Education (CHE) - No Response
SUMMARY
Synopsis of Bill
Senate Bill 552 appropriates $150.8 from the general fund to the Board of Regents of the University of New Mexico (UNM) for human resources development at the UNM Continuing Education Center.
Significant Issues
Funding in this bill will allow the UNM Continuing Education Center to create a statewide institute for human resource development.
FISCAL IMPLICATIONS
The appropriation of $150.8 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
The following is provided for information only. It is not intended as a commentary on the merits of the program/project:
This program was not included in UNM's budget request to the UNM Board of Regents, and thus was not submitted by UNM to the Commission on Higher Education (CHE) for review.
The CHE did not recommend funding this program expansion.
LG/prr