Fiscal impact
reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for
standing finance committees of the NM Legislature. The LFC does not assume
responsibility for the accuracy of these reports if they are used for other
purposes.
Current FIRs (in
HTML & Adobe PDF formats) are available on the NM Legislative Website (legis.state.nm.us). Adobe PDF versions include all attachments,
whereas HTML versions may not.
Previously issued FIRs and attachments may also be obtained from the LFC
in
|
SPONSOR |
Thompson |
DATE TYPED |
|
HB |
560 |
||
|
SHORT
TITLE |
Public School Human Rights Education Program |
SB |
|
||||
|
|
ANALYST |
Baca |
|||||
APPROPRIATION
|
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
||
|
FY04 |
FY05 |
FY04 |
FY05 |
||
|
|
$35.0 |
|
|
Recurring |
General
Fund |
(Parenthesis ( ) Indicate Revenue Decreases)
Relates
to Appropriation in the General Appropriation Act
LFC Files
Commission
on Higher Education Funding Recommendations for FY05 (CHE)
Responses
Received From
New
Mexico Public Education Department (PED)
SUMMARY
Synopsis of Bill
House Bill 560 appropriates $35 thousand from
the general fund to the Board of Regents of the
Significant Issues
This
request was not in the list of priority projects submitted to the Commission on
Higher Education for review. Consequently, this request was not included in the
Commission’s funding recommendations for FY05.
FISCAL IMPLICATIONS
The appropriation of $35 thousand contained in
this bill is a recurring expense to the general fund. Any unexpended or
unencumbered balance remaining at the end of FY05 shall revert to the general
fund.
OTHER SUBSTANTIVE ISSUES
In the interest of accountability, the
institution receiving the appropriation in this bill shall submit a program evaluation
to the Legislative Finance Committee and the Commission on Higher Education by
August 2007 detailing the benefits
to the State of
LB/lg