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| SPONSOR: | Tripp | DATE TYPED: | 02/09/00 | HB | 147/aHAFC | ||
| SHORT TITLE: | NMIMT Center for Information Technology | SB | |||||
| ANALYST: | Pacheco-Perez | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY00 | FY01 | FY00 | FY01 | ||
| $ 300.0 | Rec | GF | |||
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
Commission on Higher Education (CHE)
SUMMARY
Synopsis of HAFC Amendment
This amendment makes the establishment of the Center for Information Technology contingent upon receipt of federal funds.
Synopsis of Bill
This bill appropriates $200.0 from the general fund to the Board of Regents of the New Mexico Institute of Mining and Technology to establish a Center for Information Technology.
Significant Issues
According to NMIMT, this bill provides funds to support a potential U.S. Department of Energy grant, the focus of which is to research approaches to increase information systems network security and counter computer hackers.
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 FY01 shall revert to the general fund.
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