Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance
committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
if they are used for other purposes.
Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).
Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and
attachments may be obtained from the LFC in Suite 101 of the State Capitol Building North.
F I S C A L I M P A C T R E P O R T
SPONSOR Nava
ORIGINAL DATE
LAST UPDATED
1/25/2008
HB
SHORT TITLE NM Tech Summer Science Program
SB 295
ANALYST McOlash
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$50.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates HB 45.
SOURCES OF INFORMATION
LFC Files
Responses Received From
Public Education Department (PED)
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
Senate Bill 295 appropriates $50,000 from the General Fund to the Board of Regents of New
Mexico Institute of Mining and Technology (NMIMT) for expenditure in FY09 to provide
scholarships to cover the tuition for New Mexico high school students attending a Summer
Science Program (SSP). The program is intended to recruit New Mexico students considering
careers in a scientific field.
FISCAL IMPLICATIONS
The appropriation of $50,000 contained in this bill is a recurring expense to the General Fund.
Any unexpended or unencumbered balance remaining at the end of FY 2009 shall revert to the
General Fund.
pg_0002
Senate Bill 295 – Page
2
SIGNIFICANT ISSUES
The Summer Science Program is operated by Summer Science Program, Inc., an independent
non-profit corporation, and established in cooperation with California Institute of Technology,
Harvey Mudd College, Jet Propulsion Laboratory, New Mexico Tech, Pomona College, Stanford
University, and UCLA. It is an accredited observing affiliate of the Harvard/Smithsonian Center
for Astrophysics (summerscience.org).
The SSP is a six-week residential enrichment program in which small teams of gifted high
school students apply physics, calculus and programming to determine the orbit of an asteroid
from their own observations.
This prestigious program has drawn young scientists from around the world for 45 years,
accelerating their academic and personal development, and inspiring them to seek equally
challenging educational and career paths. Many SSP alumni have gone on to distinguish
themselves at selective universities.
Established at Thacher School in 1959, SSP now takes place at two campuses: New Mexico
Tech in Socorro and Besant Hill School
in Ojai, California (northwest of Los Angeles). The
curriculum is identical at the two campuses.
The Summer Science Program receives support from these sources
(summerscience.org):
Contributions from individual alumni, parents of alumni, former faculty, and other
friends of the Program, and matching grants from their employers.
Grants and in-kind donations from foundations, corporations, and other institutions,
including: New Mexico Institute of Technology, Gordon & Betty Moore Foundation,
Mitchell Kapor Foundation, Los Alamos National Laboratory, Lockheed Martin / Sandia
National Laboratory, and High Tide Foundation.
Program fees paid by participants, net of need-based financial aid (which covers less than
half of SSP's operating costs).
According to NMHED, this Summer Science Program requests is for a recurring appropriation of
$50,000 per year (up to eight students at $6,250 each) from the 2008 Legislative session to be
used to fund students for SSP 2009 and beyond.
This request was not submitted by NM Tech to the New Mexico Higher Education Department
for review.
The NMHED funding recommendation for FY09 is a continuance of FY08 recurring funding in
the amount of $72,000.
BM/nt