[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.

 

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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:

02/05/02

 

HB

404

 

SHORT TITLE:

Institute of Spanish Arts

 

SB

 

 

 

ANALYST:

Gonzales

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

 

 

 

15.0

 

 

Non-Recurring

GF

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

Duplicates/Relates to Appropriation in The General Appropriation Act                                           

                                                                                                                                                           

 

SOURCES OF INFORMATION

 

LFC Files

Office of Cultural Affairs (OCA)

 

SUMMARY

 

     Synopsis of Bill

 

House Bill 404 appropriates $15.0 from the general fund to the Office of Cultural Affairs for the purpose of supporting the programs and activities of the institute for Spanish Arts.

 

     Significant Issues

 

According to the Office of Cultural Affairs, the appropriation contained in this bill that states the funds would specifically be for the Institute for Spanish Arts seems to conflict with the state’s anti-donation laws.

 

FISCAL IMPLICATIONS

 

The appropriation of $ 15.0 contained in this bill is a non-recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of FY03 shall revert to the general fund.

 

ADMINISTRATIVE IMPLICATIONS

 

Passage of this bill could require OCA to go through the request for proposal process as required by state procurement and the anti-donation laws.

 

DUPLICATION

 

Currently, the Institute for Spanish Arts receives state funding yearly through the New Mexico Arts Division of the Office of Cultural Affairs for its programs and activities.

 

OTHER SUBSTANTIVE ISSUES

 

Currently, funds appropriated to the Office of Cultural Affairs for arts services contracts can be made available to any nonprofit organization providing arts services.

 

JMG/njw


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