[1] NOTE:  As provided in LFC policy, this report is intended only 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 (in HTML & Adobe PDF formats) is available on the Legislative Website.  The Adobe PDF version includes all attachments, whereas the HTML version does not.  Previously issued FIRs and attachments may be obtained from the LFC’s office in Suite 101 of the State Capitol Building North.

 

 

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

 

 

 

SPONSOR:

Beam

 

DATE TYPED:

1/30/02

 

HB

181

 

SHORT TITLE:

Tobacco Settlement Program Fund Distributions

 

SB

 

 

 

ANALYST:

Esquibel

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

 

 

 

$22,025.0

 

 

Recurring

TSPF

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

Relates to Appropriations in The General Appropriation Act (see attachment).

 

Relates to HB2, HB24, HB64, HB168, SB17, SB22, SB31, SB42, SB79, SB97, SB129

Duplicates SB101

                                                                                                                                                           

 

SOURCES OF INFORMATION

 

Responses Received From

NM Commission on Higher Education (CHE)

Department of Health (DOH)

Veterans’ Service Commission (VSC)

Administrative Office of the Courts (AOC)

NM Health Policy Commission (HPC)

State Department of Education (SDE)

 

SUMMARY

 

     Synopsis of Bill

 

House Bill 181 appropriates $22,025.0 from the tobacco settlement program fund for the following:

 

 

 

 

 

 

 

 

 

 

     Significant Issues

 

House Bill 2 et al currently contains funding from the tobacco settlement program fund for many of these items (SEE ATTACHED).

 

FISCAL IMPLICATIONS

 

The appropriation of $22,025.0 contained in this bill is a recurring expense to the tobacco settlement program fund. Any unexpended or unencumbered balance remaining at the end of FY03 shall revert to the tobacco settlement program fund.

 

HB2 et al currently contains funding for many of the items in this bill utilizing tobacco settlement program fund revenue (SEE ATTACHMENT).

 

RAE/njw

ATTACHMENT

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