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| SPONSOR: | Watchman | DATE TYPED: | 02/24/01 | HB | 872 | ||
| SHORT TITLE: | Cost Strategy for Office of Indian Affairs | SB | |||||
| ANALYST: | Woodlee | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY01 | FY02 | FY01 | FY02 | ||
| $ 30.0 | Recurring | General Fund | |||
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
No Agency Analysis Provided
SUMMARY
Synopsis of Bill
House Bill 872 appropriates $30.0 from the general fund for fiscal years 2001 and 2002 to the New Mexico Office of Indian Affairs to study, review and develop an indirect cost strategy for the Off ice of Indian Affairs. The bill contains an emergency clause.
FISCAL IMPLICATIONS
The appropriation of $30.0 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2002 shall revert to the general fund.
MW/njw