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

SPONSOR:	Godbey		DATE TYPED:	01/31/02		HB	HM 6
SHORT TITLE:		National Missile Defense System				SB
					ANALYST:		Woodlee

APPROPRIATION

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SUMMARY

Synopsis of Bill

House Memorial 6 requests the New Mexico Congressional Delegation to support the implementation of a national missile defense system.

Significant Issues

The memorial indicates that the Anti-Ballistic Missile Treaty was signed in 1972 with a nation that no longer exists (the Soviet Union) and that nations including China, North Korea, Iran and Iraq either currently possess or are developing the capability to launch missile attacks against the United States or its allies. Additionally, HM 6 states that terrorist groups also have the means to buy ballistic missiles, of which there is no defense system in place. Finally, the memorial states that a policy of mutually assured destruction is not sufficient to deter terrorist missile attacks and defending against such attacks is the government’s moral obligation.

FISCAL IMPLICATIONS

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

There is no appropriation or significant fiscal implication associated with this memorial.

MW/ar