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F I S C A L I M P A C T R E P O R T
SPONSOR Miera
ORIGINAL DATE
LAST UPDATED
1/30/08
HB 541
SHORT TITLE UNM Latin American Resources Center
SB
ANALYST Haug
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$40.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
University of New Mexico (UNM)
SUMMARY
Synopsis of Bill
House Bill 541 appropriates $40.0 from the general fund to the Board of Regents of the
University of New Mexico for programs at the Center for Latin American Resources and
Outreach.
FISCAL IMPLICATIONS
The appropriation of $40.0 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 this request was not submitted by UNM to the New Mexico Higher
Education Department for review and was not recommended by the Executive.
SIGNIFICANT ISSUES
The HED states: