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 for other purposes.

 

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

 

 

 

SPONSOR:

Griego

 

DATE TYPED:

02/17/03

 

HB

 

 

SHORT TITLE:

Two Elk Licenses for Certain Individuals

 

SB

499

 

 

ANALYST:

Valenzuela

 

REVENUE

 

Estimated Revenue

Subsequent

Years Impact

Recurring

or Non-Rec

Fund

Affected

FY03

FY04

 

 

 

 

$0.2  to  $1.5

 

Recurring

Game Protection Fund

 

 

 

 

 

(Parenthesis ( ) Indicate Revenue Decreases)

 

SOURCES OF INFORMATION

 

Responses Received From

Department of Game and Fish

 

SUMMARY

 

     Synopsis of Bill

 

Senate Bill 499 allows the Department of Game and Fish to set aside up to two elk licenses to be sold to persons under the age of 21 that have been diagnosed as having a life threatening illness.  These persons must be qualified as such through a nonprofit wish-granting organization.

 

FISCAL IMPLICATIONS

 

Senate Bill 499 does not contain an appropriation. The Department of Game and Fish reports that if these two licenses are sold to New Mexico residents, it will earn $138.00 in revenue and if sold to out-of-state residents, it will earn $1.5 in revenue. The revenue will accrue to the Game Protection Fund.

 

MFV/sb