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 Pinto
ORIGINAL DATE
LAST UPDATED
2/12/2007
HB
SHORT TITLE Native American Student Teaching Degrees
SB 887
ANALYST McOlash
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$4,500.0 Non-Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to HB 97.
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
Public Education Department (PED)
Indian Affairs Department (IAD)
SUMMARY
Synopsis of Bill
Senate Bill 887 appropriates $4,500,000 from the General Fund to the UNM Regents for expen-
diture in FY 2008 through FY 2010 to continue a scholarship program for Native American stu-
dents pursuing a teaching degree or administrative licensure or a graduate degree with concentra-
tion in Indian Education.
FISCAL IMPLICATIONS
The appropriation of $4,500,000 contained in this bill is a non-recurring expense to the General
Fund. Any unexpended or unencumbered balance remaining at the end of FY 2010 shall revert to
the General Fund.