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F I S C A L I M P A C T R E P O R T
SPONSOR Stewart
ORIGINAL DATE
LAST UPDATED
1/31/08
HB 547
SHORT TITLE Bureau Of Geology Publications
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)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
Energy, Minerals & Natural Resources Department (EMNRD)
SUMMARY
Synopsis of Bill
House Bill 547 appropriates $50.0 from the general fund to the Board of Regents of New Mexico
Institute of Mining and Technology to pay for Bureau of Geology and Mineral Resources
publication expenses.
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.
This request for funding was not submitted by NMIT to the New Mexico Higher Education
Department and was not included in the Department’s recommendations for FY09.
SIGNIFICANT ISSUES
According to the HED, the Bureau of Geology and Mining Resources (BGMR) possess an
internal publication program and system, complete with editors, design and layout personnel, and