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 Nava
ORIGINAL DATE
LAST UPDATED
1/24/06
HB
SHORT TITLE NMSU K-12 Science &Math Assistance Programs SB 45
ANALYST Baca
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
247.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates HB191
Relates to Appropriation in the General Appropriation Act
SOURCES OF INFORMATION
LFC Files
Responses Received From
New Mexico State University (NMSU)
Higher Education department (HED)
SUMMARY
Synopsis of Bill
Senate Bill 45 appropriates $247,000 from the General Fund to the Board of Regents of New
Mexico State University (NMSU) for expenditure in FY07 to assist kindergarten through grade
twelve (K-12) and university programs through the Science, Technology, Engineering and
Mathematics (STEM) Education Group .
FISCAL IMPLICATIONS
The $247,000 appropriation contained in this bill is a recurring expense to the general fund. Any
unexpended or unencumbered balance remaining at the end of FY07 shall revert to the general
fund. NMSU submits the budget for the proposed appropriation, and it is shown below.