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F I S C A L I M P A C T R E P O R T
SPONSOR Campos
ORIGINAL DATE
LAST UPDATED
1/30/08
HB
SHORT TITLE Sustainable Energy Curriculum Program
SB 467
ANALYST Cox
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$400.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
SUMMARY
Synopsis of Bill
Senate Bill 467 requests an appropriation of four hundred thousand dollars ($400,000) from the
General Fund to the Higher Education Department for expenditure in fiscal year 2009 to
establish an alternative and sustainable energy curriculum program to be implemented by Luna
Community College to establish an educational network of college-preparatory courses for seven
school districts in northeastern New Mexico and comprehensive programs for candidates for
associate and four-year degrees. Any unexpended or unencumbered balance remaining at the end
of fiscal year 2009 shall revert to the general.
FISCAL IMPLICATIONS
The appropriation of four hundred thousand dollars ($400,000) 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 program has received a grant for its current biodiesel program in the amount of $59,000.
Any unexpended or unencumbered balance remaining at the end of FY09 shall revert to the
General Fund.