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F I S C A L I M P A C T R E P O R T
SPONSOR Garcia, M.J.
ORIGINAL DATE
LAST UPDATED
1-25-06
HB
SHORT TITLE NMSU & UNM Native American Center
SB 71
ANALYST Dearing
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$600.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to HB 99
SOURCES OF INFORMATION
LFC Files
Responses Received From
Indian Affairs Department (IAD)
SUMMARY
Synopsis of Bill
SB 71 appropriates $600,000 from the general fund to the Higher Education Department to cover
a portion of costs to build and plan Native American centers at the University of New Mexico
and New Mexico State University. Any unexpended or encumbered balance remaining at the
end of fiscal year 2007 will revert to the general fund.
FISCAL IMPLICATIONS
The appropriation of $600,000 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.