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





SPONSOR: Madalena DATE TYPED: 02/10/00 HB 413
SHORT TITLE: IAIA Art and Business Technology Program SB
ANALYST: Kehoe


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00
$ 25.0 Non-Rec GF

(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates/Conflicts with/Companion to/Relates to



SOURCES OF INFORMATION



LFC files

Office of Cultural Affairs (OCA)



SUMMARY



Synopsis of Bill



HB 413 appropriates $25.0 from the general fund to the NM Office of Indian Affairs for the purpose of contracting for an assessment of infrastructure requirements for implementing an art and business technology program at the new campus of the Institute of American Indian Arts in Santa Fe. Any unexpended or unencumbered balance remaining at the end of the fiscal year 2001 shall revert to the general fund.



Significant Issues



The appropriation is specifically designated for the Institute of American Indian Arts.



FISCAL IMPLICATIONS



The Office of Cultural Affairs (OCA) reports that the bill would not impact costs or revenues and would not effect federal appropriations or other local, state and federal matching funds of OCA.



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