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 Garcia, T.
ORIGINAL DATE
LAST UPDATED
2/1/08
HB 572
SHORT TITLE Luna College Equipment For Wagon Mound
SB
ANALYST Haug
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$100.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
Public Education Department (PED)
Luna Community College (LCC)
SUMMARY
Synopsis of Bill
House Bill 572 appropriates $100.0 from the general fund to the Higher Education Department
for Luna Community College to provide instructional equipment for Wagon Mound Schools.
FISCAL IMPLICATIONS
The appropriation of $100.0 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 was not submitted by Luna Community College to the New Mexico Higher
Education Department for review and is not included in the Department’s funding
recommendation for FY09.
SIGNIFICANT ISSUES
According to LCC, Luna Community College provides Dual Credit courses for the Wagon