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| SPONSOR: | Tripp | DATE TYPED: | 02/23/99 | HB | 462 | ||
| SHORT TITLE: | Resident Student | SB | |||||
| ANALYST: | Pacheco-Perez | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY99 | FY2000 | FY99 | FY2000 | ||
| $ 4,942.1 | Recurring | GF | |||
(Parenthesis ( ) Indicate Revenue Decreases)
Relates to HB319, HB411
_______________________________________________________________________________________
SOURCES OF INFORMATION
Commission on Higher Education (CHE)
SUMMARY
Synopsis of Bill
This bill expands the definition of "resident for tuition purposes" to include Texas residents living within a 200 mile radius of a constitutional New Mexico institution.
Significant Issues
Current law allows residency for Texas residents living within a 135 mile radius of a constitutional New Mexico institution. According to the CHE, forgone tuition revenue to those institutions participating - New Mexico State University and Western New Mexico University - was $4,942.1.
FISCAL IMPLICATIONS
While this bill makes no appropriation, should this bill pass, the change in resident student status will have a general fund impact of approximately $4,942.1.
APP/prr