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F I S C A L I M P A C T R E P O R T
SPONSOR W K Martinez
ORIGINAL DATE
LAST UPDATED
2/15/2007
HB 953
SHORT TITLE NMSU Grants Film Technician Development
SB
ANALYST McOlash
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$50.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to SB 375, SB 525, and SB 757
SOURCES OF INFORMATION
LFC Files
Responses Received From
New Mexico State University – Grants (NMSU – Grants)
Higher education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 953 appropriates $50,000 from the General Fund to the NMSU Regents for
expenditure in FY 2008 to support continued program development at NMSU – Grants for
training film technicians, including purchase of equipment, supplies and film and providing
stipends for industry mentors to train students.
FISCAL IMPLICATIONS
The appropriation of $50,000 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.
SIGNIFICANT ISSUES
The goal of NMSU-Grants Digital Film Technology training program, in collaboration with