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

 

 

 

SPONSOR:

Picraux

 

DATE TYPED:

02/06/02

 

HB

244

 

SHORT TITLE:

UNM Graduate Students’ Child Care Expenses

 

SB

 

 

 

ANALYST:

Fernandez

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

 

 

 

$50.0

 

 

Recurring

General Fund

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

Duplicates/Relates to Appropriation in The General Appropriation Act CS/HB2

 

SOURCES OF INFORMATION

 

Commission on Higher Education (CHE)

 

SUMMARY

 

     Synopsis of Bill

 

House Bill 244 appropriates $50.0 from the general fund to the University of New Mexico (UNM) to establish a pilot program that provides financial assistance for child care expenses to students seeking graduate or professional degrees.

 

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 fiscal year 2003 shall revert to the general fund.

 

CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP

 

Included in CS/HB2, Section 5 is an appropriation in the amount of $25.0 for this purpose.

 

 

 

 

 

OTHER SUBSTANTIVE ISSUES

 

This program was not included in UNM’s budget request to the UNM Board of Regents, and thus was submitted by UNM to the CHE for review.  The CHE did not recommend funding this program expansion.

 

CTF/ar


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