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F I S C A L I M P A C T R E P O R T
SPONSOR Taylor, James
DATE TYPED 02-12-05 HB
SHORT TITLE NM Highlands Athletic Progams
SB 526
ANALYST Woods
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
$250.0
Recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to the appropriation for New Mexico Highlands University in the General Appropriations
Act.
SOURCES OF INFORMATION
LFC Files
No Response Received From
Commission on Higher Education (CHE)
SUMMARY
Synopsis of Bill
Senate Bill 526 – Making an Appropriation for Athletic Programs at New Mexico Highlands
University – appropriates $250,000 from the general fund to the Board of Regents of New Mex-
ico Highlands University for expenditure in FY06 for the following purposes:
•
$100,000 for a men’s wrestling program; and
•
$150,000 for a women’s rodeo program.
Any unexpended or unencumbered balance remaining at the end of FY06 shall revert to the gen-
eral fund.