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F I S C A L I M P A C T R E P O R T
SPONSOR Rawson
ORIGINAL DATE
LAST UPDATED
2/8/2007
HB
SHORT TITLE Alliance for Advancement of Teaching
SB 42
ANALYST McOlash
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$150.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to HB 138 and SB 25 (Duplicates).
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
Senate Bill 42 appropriates $150,000 from the General Fund to the Board of Regents of NMSU
for expenditure in FY 2008 to fund the operations of the Alliance for the Advancement of Teach-
ing.
FISCAL IMPLICATIONS
The appropriation of $150,000 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.