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 |
Vigil |
DATE TYPED |
|
HB |
HJM 25 |
||
|
SHORT
TITLE |
Business Professionals of |
SB |
|
||||
|
|
ANALYST |
Collard |
|||||
APPROPRIATION
|
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
||
|
FY04 |
FY05 |
FY04 |
FY05 |
||
|
|
|
|
See
Narrative |
|
|
(Parenthesis
( ) Indicate Expenditure Decreases)
LFC Files
Responses
Received From
Economic
Development Department (EDD)
New
Mexico Labor Department
Public
Education Department (PED)
Commission
on Higher Education
SUMMARY
Synopsis of Bill
House Joint Memorial 25
requests the
Significant Issues
EDD notes this
memorial provides the
opportunity for training and preparation of individuals in the advancement of
leadership, citizenship, academic, and technological skills. The program encourages initiative and
competitiveness by individuals and groups, provides a national vocational
student organization, operating through the schools, provides an opportunity to
become aware of America’s free enterprise and entrepreneurship, builds status
for business and office careers and enhances the total business education
program, provides each member an opportunity to participate in national
competitive events and programs, offers its members national recognition opportunities
through national leadership conference and other nationwide programs, and
affords its membership individual recognition through torch awards.
FISCAL IMPLICATIONS
There are no
significant fiscal implications associated with this memorial.
OTHER SUBSTANTIVE ISSUES
EDD notes if this memorial is not enacted it could potentially
impact the number of businesses started or expanded in
PED indicates the United States Congress
does not appropriate money directly to Business Professionals of America. The Public Education Department (PED)
receives grant money through the Carl D. Perkins Vocational and Technical
Education Act (P.L. 105-332) to develop more fully the academic, vocational and
technical skills of secondary students and postsecondary students who elect to
enroll in vocational and technical education programs. Section 124, Subsection C, of the act cites
that support for vocational and technical student organizations, especially
with respect to efforts to increase the participation of students who are
members of special populations, is a permissible use of the funds. PED supports six student organizations that include:
Business Professionals of America, Distributive Education Clubs of America,
Family, Career, and Community Leaders of America, Skills USA, Future Farmers of
America and Technology Students of America.
According
to the Business Professionals of America organization (www.bpa.org),
its mission is to contribute to the preparation of a world-class workforce
through the advancement of leadership, citizenship, academic and technological
skills. Business Professionals of America is a cohesive agent in the worldwide
networking of education, business and industry, and is the leading student
organization in preparing a world-class workforce.
According
to the national office of Business Professionals of America, projected
membership (by
KBC/yr