Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance
committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
if they are used for other purposes.
Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).
Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and
attachments may be obtained from the LFC in Suite 101 of the State Capitol Building North.
F I S C A L I M P A C T R E P O R T
SPONSOR Nava
ORIGINAL DATE
LAST UPDATED
01/29/07
HB
SHORT TITLE NMSU Science, Technology & Math Outreach
SB 24
ANALYST Hanika Ortiz
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$500.0
recurring
general fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Public Education Department (PED)
New Mexico State University (NMSU)
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
Senate Bill 24 appropriates $500 thousand from the general fund to NMSU to coordinate and
expand a collaborative effort among the Colleges of Arts & Sciences, Education and Engineering
related to science, technology, engineering and mathematics (STEM) educational outreach
programs.
FISCAL IMPLICATIONS
The appropriation of $500 thousand contained in SB 24 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.
This proposal was submitted to the New Mexico Higher Education Department by NMSU but
was not included in the Department’s funding recommendations for FY08.