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| SPONSOR: | Miera | DATE TYPED: | 02/04/00 | HB | 474 | ||
| SHORT TITLE: | Extend Acupuncture and Oriental Medicine Board | SB | |||||
| ANALYST: | Valdes | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY00 | FY01 | FY00 | FY01 | ||
| $ 121.3 | Recurring | Other State Funds | |||
(Parenthesis ( ) Indicate Expenditure Decreases)
| Subsequent
Years Impact |
Recurring
or Non-Rec |
Fund
Affected | ||
| FY00 | FY01 | |||
| $ 121.3 | $121.3* | Recurring | Other State Funds | |
*Subsequent year impact depends on annual revenue generated.
Duplicates/Conflicts with/Companion to/Relates to HB 15, SB 122
SOURCES OF INFORMATION
Regulation and Licensing Department
LFC files
SUMMARY
Synopsis of Bill
This bill extends the termination date of the Board of Acupuncture and Oriental Medicine to July 1, 2005 and the delayed repeal date to July 1, 2006.
Significant Issues
Without this legislation, this board will "sunset" effective July 1, 2000.
FISCAL IMPLICATIONS
This board is self-supporting from revenues generated by fees. There is no impact on the General Fund.
ADMINISTRATIVE IMPLICATIONS
If the termination date of this board is not extended, it will have to close down on July 1, 2000. One employee will have to be terminated. RLD will provide assistance to the board in closing the office.
OTHER SUBSTANTIVE ISSUES
Without this board, the practice of acupuncture and oriental medicine will no longer be regulated in New Mexico.
MFV/njw