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





SPONSOR: Gonzales DATE TYPED: 02/23/99 HB 449
SHORT TITLE: Entrepreneurship & Life Skills Training SB
ANALYST: Pacheco-Perez


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY99 FY2000 FY99 FY2000
$ 100.0 Recurring GF



(Parenthesis ( ) Indicate Revenue Decreases)



_______________________________________________________________________________________



SOURCES OF INFORMATION



Commission on Higher Education (CHE)



SUMMARY



Synopsis of Bill



This bill appropriates $100.0 to the Board of Regents of the University of New Mexico for the College of Education to provide entrepreneurship education instruction and other related life skills training to elementary and secondary public school teachers throughout the state.



Significant Issues



According to the CHE, the project proposed in this bill was not included in the special project request made by the institution and UNM's College of Education is unaware of its purpose.



FISCAL IMPLICATIONS



The appropriation of $100.0 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of FY00 shall revert to the general fund.



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