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.
Only the most recent FIR version, excluding attachments, is available on the Intranet. Previously issued FIRs and attachments may be obtained from the LFC office in Suite 101 of the State Capitol Building North.
SPONSOR: | Fidel | DATE TYPED: | 1/27/00 | HB | |||
SHORT TITLE: | Extend Coal Surface Mining Commission | SB | 112 | ||||
ANALYST: | Valenzuela |
Recurring
or Non-Rec |
Fund
Affected | ||||
FY00 | FY01 | FY00 | FY01 | ||
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to House Bill 15.
SOURCES OF INFORMATION
LFC Files
New Mexico Environment Department (NMED)
Energy, Minerals and Natural Resources Department (EMNRD)
SUMMARY
Synopsis of Bill
Senate Bill 112 extends the life of the coal surface mining commission by six years. The commission is currently scheduled to sunset on July 1, 2000.
Significant Issues
The coal surface mining commission provides essential functions for two of the three major programs the Mining and Minerals Division administers, including the coal mine reclamation program and the abandoned mine land program.
FISCAL IMPLICATIONS
If the commission is not reauthorized, the Mining and Minerals Division could lose approximately $2.0 million in federal funds.
MFV/njw