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F I S C A L I M P A C T R E P O R T





SPONSOR: Varela DATE TYPED: 01/31/00 HB 252
SHORT TITLE: Grand Nationals Wrestling Tournament SB
ANALYST: Pacheco-Perez


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
 Recurring

or Non-Rec

 Fund

Affected

FY00 FY01 FY00 FY01
$ 50.0 Rec GF



(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates/Conflicts with/Companion to/Relates to



SOURCES OF INFORMATION



LFC Files



SUMMARY



Synopsis of Bill



This bill appropriates $50.0 from the general fund to the Board of Regents of the University of New Mexico to be used by the Athletic Department to support the grand national wrestling tournament of the American athletic union.



FISCAL IMPLICATIONS



The appropriation of $50.0 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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