RNOTE: 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.



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





SPONSOR: Russell DATE TYPED: 01/28/00 HB 238
SHORT TITLE: Corrales Country Fair SB
ANALYST: Dunbar


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 15.0 Rec GF



(Parenthesis ( ) Indicate Expenditure Decreases)





SOURCES OF INFORMATION



LFC files



SUMMARY



Synopsis of Bill



House Bill 238 appropriates $15.0 from GF to the local government division of the department of finance and administration for expenditure in FY 00 and FY 01 for the purpose of sponsoring a Corrales country fair in August 2000. Any unexpended or unencumbered balance remaining at the end of fiscal year 2001 shall revert to the GF.



Significant Issues



House Bill 238 contains an emergency clause.



BD/prr