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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 02/19/99 HB           



SHORT TITLE UNM Ethnomusicology                SB  17/aSEC          



                                                   ANALYST Pacheco-Perez   



APPROPRIATION



Estimated

Appropriation Contained   Additional Impact  Recurring Fund

FY99 FY2000 FY99 FY2000 or Non-Rec Affected



$  . $ 200.0 $ . $ . Recurring GF     

(Parenthesis ( ) Indicate Revenue Decreases)



Duplicates/Conflicts with/Companion to/Relates to



SOURCES OF INFORMATION



Commission on Higher Education (CHE)



SUMMARY



Synopsis of SEC Amendment



This amendment replaces the University of New Mexico with the Office of Cultural Affairs as the beneficiary of the appropriation of $200.0.



Synopsis of Bill



This bill appropriates $200.0 to the Board of Regents of the University of New Mexico for use by the division of continuing education and the Hispanic cultural center to conduct an ethnomusicology educational training project for instructors and musicians throughout the state.



Significant Issues



According to the CHE, this project was not submitted by the Board of Regents in UNM's list of 10 priority research and public service projects and did not receive review or recommendation.



FISCAL IMPLICATIONS



The appropriation of $200.0 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.

OTHER SUBSTANTIVE ISSUES



According to the CHE, the state higher education funding formula allows institutions to retain 100% of earned overhead on federal grants and contracts for the purpose of providing seed money and matching funds for projects such as that proposed in this bill.



APP/gm