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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
1/27/07
HB 164
SHORT TITLE UNM Land Grant Studies Program
SB
ANALYST McOlash
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$300.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates SB 236.
SOURCES OF INFORMATION
LFC Files
Responses Received From
Cultural Affairs Department (CAD)
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 164 appropriates $300,000 from the General Fund to the Board of Regents of the
University of New Mexico for expenditure in FY 2008 and FY 2009 to develop a Land Grant
Studies Program at UNM in coordination with the UNM Law School, the UNM Center for
Regional Studies, and the UNM Hispanic Research Center. The funding to be used to develop
and administer the Land Grant Studies Program and to provide for internships and continuing
legal education.
FISCAL IMPLICATIONS
The appropriation of $300,000 contained in this bill is a recurring expense to the General Fund.
Any unexpended or unencumbered balance remaining at the end of FY 2009 shall revert to the
General Fund.