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F I S C A L I M P A C T R E P O R T
SPONSOR Arnold-Jones
ORIGINAL DATE
LAST UPDATED
1/29/08
HB 489
SHORT TITLE NM Tech ICASA Program
SB
ANALYST Haug
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$50.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relationship
HB426 and SB233
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
No Response
New Mexico Institute of Mining and Technology (NMIMT)
SUMMARY
Synopsis of Bill
House Bill 489 appropriates $50.0 from the general fund to the Board of Regents of New Mexico
Institute of Mining and Technology for testing curriculum support at the Institute for Complex
Additive Systems Analysis.
FISCAL IMPLICATIONS
The appropriation of $50.0 contained in this bill is a recurring expense to the general fund. Any
unexpended or unencumbered balance remaining at the end of fiscal year 2009 shall revert to the
general fund.
The HED states that the request for the appropriation in House Bill 489 was not submitted by
NMT to NMHED for review and is not included in the Department’s funding recommendation
for FY09. The ICASA program has been receiving recurring General Fund appropriations for the