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F I S C A L I M P A C T R E P O R T
SPONSOR Smith
ORIGINAL DATE
LAST UPDATED
1/23/08
HB
SHORT TITLE Expand Performance Excellence Training
SB 167
ANALYST Earnest
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$300.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates House Bill 163
SOURCES OF INFORMATION
LFC Files
Responses Received From
Economic Development Department (EDD)
SUMMARY
Synopsis of Bill
Senate Bill 167 appropriates $300 thousand from the general fund to the Economic Development
Department to expand performance excellence training, assessment services and assistance to
New Mexico businesses and organizations to encourage economic development and prosperity
statewide by strengthening competitiveness and improving effectiveness using the Baldrige
criteria for performance excellence.
FISCAL IMPLICATIONS
The appropriation of $300 thousand contained in this bill is a recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of fiscal year shall revert
to the general fund.
SIGNIFICANT ISSUES
According to EDD, these funds likely would be used to contract with a local non-profit
organization such as Quality New Mexico.