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 a vailable 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 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
Varela
DATE TYPED
02-17-05
HB
969
SHORT TITLE
UNM Bruce King Reading Room
SB
ANALYST
Woods
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
$292.3
Recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to the appropriation for the University of New Mexico in the General Appropriations
Act.
SOURCES OF INFORMATION
LFC Files
No Responses Received From
New Mexico Commission on Higher Education (CHE)
SUMMARY
Synopsis of Bill
House Bill 969 – Making an Appropriation to the Board of Regents of the University of New
Mexico for Former Governor Bruce King’s Archives and Reading Room at the University of
New Mexico School of Law – appropriates $292,300 from the general fund to the Board of Re-
gents of the University of New Mexico for expenditure in fiscal year 2006 for the following pur-
poses and in the following amounts:
•
$204,000 for the Phase I conservation, processing and document indexing
of the donation of personal papers of Governor Bruce King; and
•
$88,300 for the Phase II furnishing and staffing of the reading room.
Any unexpended or unencumbered balance remaining at the end of FY06 shall revert to the gen-
eral fund.