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F I S C A L I M P A C T R E P O R T
SPONSOR Tripp
ORIGINAL DATE
LAST UPDATED
2/9/2007
HB 792
SHORT TITLE NM Tech Science & Engineering Fair
SB
ANALYST McOlash
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$75.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to SB 131, HB 367, & HB 225.
Relates to Appropriation in the General Appropriation Act
Responses Received From
Public Education Department (PED)
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 792 appropriates $75,000 from the General Fund to the NM Tech Regents for expen-
diture in FY 2008 to support the Science and Engineering Fair and the Science Olympiad.
If the intent is to use this appropriation to support the 2007 Science and Engineering Fair, the
Science Olympiad, or International Science and Engineering Fair in Albuquerque (May 2007),
the bill should have an emergency clause.
FISCAL IMPLICATIONS
The appropriation of $75,000 contained in this bill is a recurring expense to the General Fund.
Any unexpended or unencumbered balance remaining at the end of FY 2008 shall revert to the
General Fund.
The Higher Education Department indicates this $75,000 appropriation will be used for admini-
stration costs and outreach for the 2007 International Science Fair to be held in Albuquerque.