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F I S C A L I M P A C T R E P O R T
SPONSOR Herrera
ORIGINAL DATE
LAST UPDATED
2/3/06
HB 523
SHORT TITLE Homeland Security Training Center
SB
ANALYST Earp
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$130.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 523 appropriates $130,000 from the general fund to the Board of Regents of New
Mexico Institute of Mining and Technology (NMIMT) to provide payment in lieu of taxes for
operating expenses associated with homeland security training at the Playas training center in
Hidalgo County.
FISCAL IMPLICATIONS
The appropriation of $130,000 contained in this bill is a recurring expense to the general fund.
Any unexpended or unencumbered balance remaining at the end of fiscal year 2007 shall revert
to the general fund.
SIGNIFICANT ISSUES
This proposal was not included among the special program funding requests submitted by the
NMIMT to the Higher Education Department (HED) for review. Consequently, this proposal
has not been included in the HED fiscal year 2007 funding recommendations to the Legislature.