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SPONSOR: | Altamirano | DATE TYPED: | 02/19/99 | HB | |||
SHORT TITLE: | Small Business Development Centers | SB | 181/aSCORC | ||||
ANALYST: | Gonzales/Pacheco-Perez |
Recurring
or Non-Rec |
Fund
Affected | ||||
FY99 | FY2000 | FY99 | FY2000 | ||
$ 600.0 | See Narrative | Recurring | GF |
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates/Conflicts with/Companion to/Relates to
SOURCES OF INFORMATION
Economic Development Department
State Personnel Office
Commission on Higher Education (CHE)
SUMMARY
Synopsis of Amendment
This amendment replaces the Department of Finance and Administration with the Commission on Higher Education as the beneficiary of the appropriation. The amendment also adds as a responsibility of the program to assist with rural outreach for the development training program.
Synopsis of Bill
Senate Bill 181 appropriates $600.0 from the general fund to the Department of Finance and Administration for expenditure in fiscal year 2000 for the following purposes for small business development centers:
(1) $60.0 for statewide professional development;
(2) $50.0 to install and maintain a statewide management information system;
(3) $90.0 to establish a small business development center in Taos;
(4) $$150.0 to establish a small business development center in Rio Rancho;
(5) $10.0 to support the North American free trade association institute at western New
Mexico university;
(6) $200.0 for equipment and business reference library upgrades; and
(7) $40.0 for administrative costs of the lead center.
Significant Issues
According to CHE, "appropriations for the small business development centers have historically gone through CHE. This year, the Commission recommended that the funds be appropriated for this non-formula program to the Santa Fe Community College, where the program is housed and through which it is administered. The CHE recommended a budget in the amount of $2,598.6. The $600.0 appropriation in SB181 is in addition to the CHE recommended budget."
FISCAL IMPLICATIONS
The bill provides a general fund appropriation of $600.0 for expenditure in fiscal year 2000 for two additional small business development center locations as well as additional programs. Any unexpended or unencumbered balance remaining at the end of fiscal year 2000 reverts to the general fund.
ADMINISTRATIVE IMPLICATIONS
According to CHE, a total of 5 FTE would be required to implement the programs listed in this bill as follows: 1FTE for the professional development; 2 FTEs for the Taos Center and 3 FTEs for the Rio Rancho Center. No administrative impact on CHE is expected.
RELATIONSHIP
Relates to Senate Bill 56, Business Incubation Services
OTHER SUBSTANTIVE ISSUES
The original purpose of the small business development centers was to stimulate economic growth by assisting in the development of small businesses. The proposed appropriations appear to be consistent with that purpose.
POSSIBLE QUESTIONS
Should the appropriation be made to the Santa Fe Community College or CHE as fiscal agent for the program?
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