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





SPONSOR: Lujan DATE TYPED: 02/15/00 HB HM 16
SHORT TITLE: Dividend On GI Insurance SB
ANALYST: Pickering


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
NFI



(Parenthesis ( ) Indicate Expenditure Decreases)

_______________________________________________________________________________________



SOURCES OF INFORMATION



LFC Files

SUMMARY



Synopsis of Bill



HM 16 requests the New Mexico Veterans' Service Commission (NMVSC) to disseminate to all veterans, families of veterans and New Mexico veterans associations information on a new bill passed by the U.S. Congress entitling veterans to a dividend on GI insurance.

Significant Issues

The memorial states that eligible veterans will not receive a dividend or notice of possible dividend unless they ask for it from the U.S. veterans administration.



RP/prr