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F I S C A L I M P A C T R E P O R T
SPONSOR Stewart
ORIGINAL DATE
LAST UPDATED
2/6/06
HB 509
SHORT TITLE Bureau of Geology Publications
SB
ANALYST Earp
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$25.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to Appropriation in the General Appropriation Act
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 509 appropriates $25,000 from the general fund to the Board of Regents of New
Mexico Institute of Mining and Technology to pay for the Bureau of Geology and Mineral Re-
sources publication expenses.
FISCAL IMPLICATIONS
The appropriation of $25,000 contained in this bill is a recurring expense to the general fund.
Any unexpended or unencumbered balance remaining at the end of fiscal year 2007 shall revert
to the general fund. These funds would augment the recurring operating appropriation provided
for the Bureau in the General Appropriation Act.
SIGNIFICANT ISSUES
This proposal was not included among the special program funding requests submitted by
NMTech to the Higher Education Department (HED) for review. Consequently, this proposal
pg_0002
House Bill 509 Page
2
has not been included in the HED fiscal year 2007 funding recommendations to the Legislature.
ADMINISTRATIVE IMPLICATIONS
No significant administrative impact is apparent.
OTHER SUBSTANTIVE ISSUES
The New Mexico Bureau of Geology and Mineral Resources, established by legislation in 1927,
is a research and service division of NMTech. It is a non-regulatory agency that serves as the
geological survey for the State of New Mexico. The bureau's publishing program serves both the
professional geologic community and the public, including special publications
for more than 3,000 science teachers. Examples of publications include regional geologic guides
in the Scenic Trip series and a free, semi-annual newsletter New Mexico Earth Matters.
A broad bureau goal is to promote New Mexico geology and provide information about current
issues such as water, mining, reclamation, and earthquakes. This appropriation would supple-
ment the existing operating budget and the revenues generated from the sale of publications. It is
intended to aid the dissemination of printed materials such as Albuquerque basin maps and pub-
lications such as the Decision Makers series.
DKE/mt