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

SPONSOR:	Maes		DATE TYPED:	01/24/00		HB
SHORT TITLE:		Promote Films in New Mexico				SB	30
					ANALYST:		Woodlee

APPROPRIATION

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY00

FY01

FY00

FY01

$ 75.0

Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

Relates to SB27

SOURCES OF INFORMATION

LFC Files

Agency analysis not provided

SUMMARY

Synopsis of Bill

The bill appropriates $75.0 to the economic development department for services that promote films in New Mexico.

FISCAL IMPLICATIONS

The bill appropriates $75.0 from the general fund to the economic development department. Any unexpended or unencumbered balance remaining at the end of fiscal year 2001 shall revert to the general fund.

MW/gm