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F I S C A L I M P A C T R E P O R T
SPONSOR Sandoval
ORIGINAL DATE
LAST UPDATED
1/24/07
HB 367
SHORT TITLE
Making an Appropriation to Contract for the
Provision of a Science and Engineering Fair in
Albuquerque; Declaring an Emergency
SB
ANALYST Propst
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$1,200.0
Non-recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates SB 131 and HB 225. Relates to the Executive recommendation of $100.0 for the
Science and Supercomputing Challenge.
SOURCES OF INFORMATION
LFC Files
Responses Received From
Public Education Department (PED)
SUMMARY
Synopsis of Bill
Making an Appropriation to Contract for the Provision of a Science and Engineering Fair in
Albuquerque; Declaring an Emergency.
House Bill 367
appropriates $1,200.0 in general fund to the Department of Finance and
Administration to provide for the International Science and Engineering Fair that will be held in
May, 2007 in Albuquerque. The legislation has an emergency funding clause. Any unexpended
or unencumbered balance remaining at the end of FY08 reverts to the general fund.
FISCAL IMPLICATIONS
HB 367 appropriates $1,200.0 in General Fund for the non-recurring expense of the International
Science and Engineering Fair. Any unexpended funds will be reverted to the General Fund.