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F I S C A L I M P A C T R E P O R T
SPONSOR Heaton
ORIGINAL DATE
LAST UPDATED
2/12/2007
HB 795
SHORT TITLE NM Tech Math & Engineering Career Prep
SB
ANALYST McOlash
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$35.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to HB 897, HB 795,
HB 20, HB 45, HB 109, HB 111, HB 129, HB 147, HB 220, HB 225,
HB 369, HB 367, HB 367, SB 024, SB 29, SB 032, SB 40, SB 75, SB 131, SB 140, SB 253, SB
256, SB 358
SOURCES OF INFORMATION
LFC Files
Responses Received From
New Mexico State University (NMSU)
Public Education Department (PED)
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 795 appropriates $35,000 from the General Fund to the NM Tech Regents for
expenditure in FY 2008 for an organization dedicated to preparing students for careers in
mathematics, engineering, and the sciences. The funding shall also be used in partnership with
the NMSU Center for Environmental Monitoring in Carlsbad to develop energy curriculum and a
one-week in-depth program.
FISCAL IMPLICATIONS
The appropriation of $35,000 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.