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





SPONSOR: Romero DATE TYPED: 02/04/00 HB
SHORT TITLE: 2000 Smithsonian Folklife Festival SB 351
ANALYST: Pacheco-Perez


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 150.0 Rec GF

(Parenthesis ( ) Indicate Expenditure Decreases)



SOURCES OF INFORMATION



Commission on Higher Education (CHE)



SUMMARY



Synopsis of Bill



This bill appropriates $150.0 from the general fund to the Board of Regents of the University of New Mexico to the Southwest Hispanic Research Institute for Art for the purpose of funding the Rio Grande-Rio Bravo basin program 2000 Smithsonian Folklife Festival.



FISCAL IMPLICATIONS



The appropriation of $150.0 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.



OTHER SUBSTANTIVE ISSUES



CHE recommends that the following language be included for all new recurring higher education programs: "A plan for a program evaluation, including specific program goals and criteria for assessing program effectiveness shall be submitted to the LFC and CHE by October 1, 2000. An assessment of the program will be completed prior to June 30, 2001 and submitted to the LFC and CHE."



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