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F I S C A L I M P A C T R E P O R T
SPONSOR Taylor
ORIGINAL DATE
LAST UPDATED
2/9/06
HB
SHORT TITLE UNM Center for Regional Studies
SB 554
ANALYST Earp
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$150.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to SB 382, SFCS/SB415 and SB 681
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
Senate Bill 554 appropriates $150,000 from the general fund to the Board of Regents of the Uni-
versity of New Mexico (UNM) to provide undergraduate and graduate scholarships, fellowships
and internships; support faculty research and encourage faculty recruitment; produce film docu-
mentaries and collaborative projects about New Mexico and the United States-Mexico border-
lands; and increase library collections and archives.
FISCAL IMPLICATIONS
The appropriation of $150,000 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. These funds would augment a recurring General Appropriation Act appro-
priation of approximately $1.5 million for the Southwest Research Center