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 Suite 101 of the State Capitol Building North.

 

 

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

 

 

 

SPONSOR

Garcia, M.J.

DATE TYPED

01-25-04

HB

 

 

SHORT TITLE

Waste Education and Research Consortium

SB

64

 

 

ANALYST

Baca

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY04

FY05

FY04

FY05

 

$100.0

 

 

Recurring

General

(Parenthesis ( ) Indicate Revenue Decreases)

 

Duplicates HB 46

 

Relates to Appropriation for New Mexico State University in the General Appropriation Act

 

SOURCES OF INFORMATION

 

LFC Files

Commission on Higher Education (CHE) Funding Recommendations for FY05

 

No Response

Commission on Higher Education (CHE)

 

SUMMARY

 

Synopsis of Bill

 

Senate Bill 64 appropriates $100 thousand from the general fund to the Board of Regents of New Mexico State University to increase the Waste Education and Research Consortium (WERC) pollution prevention outreach and training program.

 

Significant Issues

 

The proposed General Appropriation Act contains a total funding level of $4,476.5 million for this Purpose..  This amount includes $566.5 thousand from the general fund, $259.8 thousand from other state funds and $3,710.2 million from federal funds.  If approved, this bill would increase the general fund appropriation to $666.5 thousand for FY05.

 

      

FISCAL IMPLICATIONS

 

The appropriation of $100 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

 

This program expansion request was reviewed by the NMSU Board of Regents, approved and submitted to the CHE for its consideration.  However, this increase was not included in the Commission’s funding recommendations for FY05.

 

POSSIBLE QUESTIONS

 

1.                  What specific outreach activities would be conducted with the additional funding?

 

RLG/lg