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F I S C A L I M P A C T R E P O R T
SPONSOR Sandoval
ORIGINAL DATE
LAST UPDATED
1/31/08
HB 598
SHORT TITLE NM Tech Teachers Master's Degree
SB
ANALYST Haug
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$200.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
Public Education Department (PED)
SUMMARY
Synopsis of Bill
House Bill 598 appropriates $200.0 from the general fund to the Board of Regents of New
Mexico Institute of Mining and Technology to be equally distributed between expenses of a
teachers’ master’s degree program and student data research and analysis of twelve years of data.
The HED states that this request was not submitted to the New Mexico Higher Education
Department for review and is not included in the Department’s legislative recommendation for
FY09.
FISCAL IMPLICATIONS
The appropriation of $200.0 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.