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| SPONSOR: | Gonzales | DATE TYPED: | 2/19/99 | HB | 681 | ||
| SHORT TITLE: | Small Farms Assistance | SB | |||||
| ANALYST: | Pacheco-Perez | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY99 | FY2000 | FY99 | FY2000 | ||
| $ 75.0 | Recurring | GF | |||
(Parenthesis ( ) Indicate Revenue Decreases)
Duplicates SB321
SOURCES OF INFORMATION
Commission on Higher Education (CHE)
SUMMARY
Synopsis of Bill
This bill appropriates $75.0 to the Board of Regents of the New Mexico State University for the New Mexico Department of Agriculture to provide technical assistance and technology transfer to small farms in northern New Mexico for their compliance with environmental requirements in food production.
Significant Issues
According to the CHE, the project proposed in this bill was not included in the list of eleven special project requests made by the institution.
FISCAL IMPLICATIONS
The appropriation of $75.0 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of FY00 shall revert to the general fund.
CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP
This bill duplicates Senate Bill 321.
OTHER SUBSTANTIVE ISSUES
According to the CHE, the state higher education funding formula allows institutions to retain 100% of earned overhead on federal grants and contracts for the purpose of providing seed money and matching funds for projects such as that proposed in this bill. The CHE also suggests the following language: The institution receiving the appropriation in this bill shall submit a program evaluation to the LFC and CHE by August 1, 2002, detailing the benefits to the State of New Mexico.
APP/njw