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F I S C A L I M P A C T R E P O R T
SPONSOR Lundstrom
DATE TYPED 02/03/05 HB 69
SHORT TITLE Extend Higher Education Benefits to Spouses
SB
ANALYST Woods
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
$30.0
Recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to the appropriation for the DVS in the General Appropriations Act.
SOURCES OF INFORMATION
LFC Files
Responses Received From
Commission on Higher Education (CHE)
New Mexico Department of Veterans’ Services (DVS)
No Responses Received From
Department of Military Affairs
SUMMARY
Synopsis of Bill
House Bill 69 – Relating to Higher Education; Extending Certain Higher Education Benefits to
Spouses and All Children of Deceased New Mexico Military Personnel and State Policemen;
Making an Appropriation – appropriates $30,000 from the general fund to the Veterans' Services
Department for expenditure in FY06 for the purpose of providing the expanded benefits provided
for in this act. The benefits are restricted to spouses and children who are attending or who may
attend a state educational or training institution of a secondary or college grade; and not more
than $300 shall be paid, in addition to free tuition, for any spouse or child for one year. Any un-
expended or unencumbered balance remaining at the end of FY06 shall revert to the general
fund.