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: | Altamirano | DATE TYPED: | 02/28/01 | HB | |||
SHORT TITLE: | National World War II Memorial Appropriation | SB | 100/aSFL#1/aHAFC | ||||
ANALYST: | Chabot |
Recurring
or Non-Rec |
Fund
Affected | ||||
FY01 | FY02 | FY01 | FY02 | ||
$ 69.0 | Non-Recurring | General Fund |
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates HB 83, 268, and 225
Conflict with HB 204
SOURCES OF INFORMATION
LFC Files
New Mexico Veterans' Service Commission
SUMMARY
Synopsis of the House Appropriation and Finance Committee Amendment
This amendment decreases New Mexico's contribution to the national World War II memorial in Washington, D.C. from $200.0 to $69.0. The recommended contribution from each state is one dollar for each veteran from the state servicing during World War II. The estimate is that there were 69,000 veterans from New Mexico. This amendment would appropriate the recommended amount.
Synopsis of Senate Floor Amendment
This amendment increases New Mexico's contribution to the national World War II memorial in Washington, D.C. from $69.0 to $200.0.
Synopsis of Original Bill
The bill appropriates $69.0 from the general fund to New Mexico veterans' service commission for the purpose of contributing state funds to the national World War II memorial in Washington, D.C.
Significant Issues
According to VSC, New Mexico is one of only three states who have not made a contribution to the national World War II memorial. Contributions to the memorial come from many sources, federal, state, private individuals, charitable foundations, etc. The goal is to have a contribution from each state equaling one dollar for each veteran who served in World War II. New Mexico had approximately 69,000 veterans who served during the conflict. As a result the expected contribution is $69.0.
FISCAL IMPLICATIONS
The appropriation of $69.0 contained in this bill is a non-recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2002 shall revert to the general fund.
GAC/ar