Fiscal impact
reports (FIRs) are prepared by the Legislative
Finance Committee (LFC) for standing finance committees of the NM Legislature. The
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obtained from the LFC in
|
SPONSOR |
Arnold-Jones |
DATE TYPED |
|
HB |
507/aHEC |
||
|
SHORT
TITLE |
ID & Support of Highly Talented Students |
SB |
|
||||
|
|
ANALYST |
Williams |
|||||
APPROPRIATION
|
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
||
|
FY04 |
FY05 |
FY04 |
FY05 |
|
|
|
|
$75.0 |
|
|
Recurring |
General
Fund |
|
|
|
|
|
|
|
(Parenthesis
( ) Indicate Expenditure Decreases)
Commission
on Higher Education
No
Response Received
Public
Education Department
SUMMARY
Synopsis
of HEC Amendment
The House Education Committee amendment adds
clarification language to the title by referring to removal of barriers to
education.
Synopsis
of Original Bill
House Bill 507 appropriates $75 thousand from
the general fund to board of regents of the University of New Mexico (UNM) for
the purpose of funding a study to identify, admit and support highly talented
students. UNM would provide periodic
reports to the legislative education study committee, public education
department and the commission on higher education, with a final report at the
first session of the forty-seventh legislature.
Significant Issues
The study would focus on students who fail to
complete a conventional high school program and receive a diploma.
FISCAL IMPLICATIONS
The appropriation of $75.0 thousand contained in
this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining
at the end of fiscal year 2005 would revert to the general fund.
POSSIBLE QUESTIONS
AW/dm:lg