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.
The most recent FIR
version (in HTML & Adobe PDF formats) is available on the Legislative
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SPONSOR: |
Senate Floor |
DATE TYPED: |
|
HB |
|
||
SHORT TITLE: |
|
SB |
CS/701/aHAFC |
||||
|
ANALYST: |
Gonzales |
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APPROPRIATION
Appropriation
Contained |
Estimated
Additional Impact |
Recurring or
Non-Rec |
Fund Affected |
||
FY03 |
FY04 |
FY03 |
FY04 |
|
|
|
None [$100.0
in SB655] |
|
See
Narrative |
Recurring |
General
Fund |
(Parenthesis
( ) Indicate Expenditure Decreases)
REVENUE
Estimated Revenue |
Subsequent Years Impact |
Recurring or
Non-Rec |
Fund Affected |
|
FY03 |
FY04 |
|
|
|
|
See
Narrative |
|
Recurring |
OSF |
(Parenthesis ( ) Indicate Revenue Decreases)
LFC
Files
Tourism
Department
SUMMARY
Synopsis
of HAFC Amendment
The House Appropriations and Finance Committee
amendment removes the specific requirement for the museum and the Economic
Development Department Film Division to be located in the
Synopsis
of Substitute Bill
Senate Floor
Substitute for Senate Bill 701 creates the
Significant
Issues
The original bill as introduced placed the film
museum in the Office of Cultural Affairs.
This substitute bill places the museum in the Tourism Department. However,
the appropriation for this bill was made to the Office of Cultural
Affairs. (See Fiscal and Administrative
issues below.)
FISCAL AND ADMINISTRATIVE IMPLICATIONS
This bill does not
contain an appropriation. However,
Senate Finance Committee Substitute for Senate Finance Committee Substitute for
Senate Bill 655 (conference committee version) appropriates $100.0 in general
fund to the Office of Cultural Affairs for the provisions of this bill, yet the
proposed film museum would be located in the Tourism Department, not the Office
of Cultural Affairs.
Once the museum is
open, there would be revenue to offset a portion of the expenditures and there
may also be an increase to the revenue and attendance figures at the existing
state-run
OTHER SUBSTANTIVE ISSUES
The New Mexico Department of Tourism states it markets
films for the State of
OCA
suggests museum planning should start with programming issues, rather than the
construction of a museum facility to determine such areas as: