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



SPONSOR: SFC DATE TYPED: 02/14/00 HB
SHORT TITLE: Amend NM Subdivision Act SB 481/SFCS
ANALYST: Kehoe

APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
NFI

(Parenthesis ( ) Indicate Expenditure Decreases)



Conflicts with SB 33



SOURCES OF INFORMATION



LFC Files



SUMMARY



Synopsis of Bill



Senate Finance Committee Substitute for Senate Bill 481 amends the New Mexico Subdivision Act.



Significant Issues



Senate Finance Committee Substitute for Senate Bill 481 changes the New Mexico Subdivision Act to: 1) require a county which adopts stricter regulations to use the same definitions as the Act now employs; and 2) limit the ability of a county to force consolidation of contiguous parcels.



FISCAL IMPLICATIONS



There is no fiscal impact to state funds.



CONFLICT



Senate Finance Committee Substitute for Senate Bill 481 conflicts with Senate Bill 33. Senate Bill 33 shortens he time period within which land divisions can occur without being subject to the Act from five to three years. The committee substitute does not change the time requirement.



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