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F I S C A L I M P A C T R E P O R T
SPONSOR Gonzales
ORIGINAL DATE
LAST UPDATED
2/15/2007
HB 1135
SHORT TITLE Acequia Agricultural Youth Project
SB
ANALYST Moser
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$50.0
Recurring
General fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to: HB 745
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
NM Department of Agriculture (NMDA)
SUMMARY
Synopsis of Bill
House Bill 1135 appropriates $50,000 from the General Fund to the Board of Regents of New
Mexico State University (NMSU) for the New Mexico Department of Agriculture (NMDA) for
expenditure in FY08 to contract with a non-profit organization for an acequia agricultural youth
project.
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 FY08 shall revert to the
general fund.