NOTE: As provided in LFC policy, this report is intended for use by the standing finance committees of the legislature. The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.
| SPONSOR: | Sanchez | DATE TYPED: | 2/02/99 | HB | |||
| SHORT TITLE: | WNMU Job Training | SB | 241 | ||||
| ANALYST: | Pacheco-Perez | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY99 | FY2000 | FY99 | FY2000 | ||
| $ 500.0 | Recurring | GF | |||
(Parenthesis ( ) Indicate Revenue Decreases)
Relates to SB139
SOURCES OF INFORMATION
Commission on Higher Education (CHE)
SUMMARY
Synopsis of Bill
This bill appropriates $500.0 to the Board of Regents of the Western New Mexico University to provide job training in areas of high unemployment to participants of the New Mexico Works Act. Expenditure of the appropriation is contingent upon certification by the secretary of Human Services Department (HSD) to the secretary of the Department of Finance and Administration (DFA) that WNMU has entered into an agreement with HSD that provides appropriate administrative and accounting procedures and oversight to ensure that expenditures will meet all federal and state requirements for maintenance of effort and monthly reports of all expenditures by WNMU to DFA, the Welfare Reform Oversight Committee and the LFC. The appropriation shall be reported by HSD as maintenance of effort and shall not be expended for any purpose that may jeopardize this classification.
Significant Issues
According to the CHE, the funding proposed in this bill was not included in the list of eleven special project requests made by the institution.
FISCAL IMPLICATIONS
The appropriation of $500.0 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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