Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports if they are used for other purposes.

 

Current FIRs (in HTML & Adobe PDF formats) are available on the NM Legislative Website (legis.state.nm.us).  Adobe PDF versions include all attachments, whereas HTML versions may not.  Previously issued FIRs and attachments may also be obtained from the LFC 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

Madalena

DATE TYPED

2/10/04

HB

520

 

SHORT TITLE

Indian Pueblo Cultural Center Special Events

SB

 

 

 

ANALYST

Weber

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY04

FY05

FY04

FY05

 

$150.0

 

 

Recurring

General Funds

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

Duplicates SB 493

 

SOURCES OF INFORMATION

LFC Files

 

No Responses Received From

Department of Indian Affairs

 

SUMMARY

 

Synopsis of Bill

 

House Bill 520 appropriates $150.0 from the general fund to the Indian Affairs Department to contract for special events at the Indian Pueblo Cultural Center.

 

Significant Issues

 

The Indian Pueblo Cultural Center, located in Albuquerque, is owned and operated by the 19 Indian Pueblos of New Mexico. The Center opened in August 1976 to showcase the history and accomplishments of the Pueblo people, from Pre-Columbian to current time. More than 200,000 people visit each year. The central focus is a 10,000 sq. ft. museum of the authentic history and artifacts of traditional Pueblo cultures and their contemporary art. A permanent exhibit highlights the creativity and adaptation which made possible the survival, diversity and achievements of each of the 19 Pueblos. There are also small, changing exhibits that highlight the work of living traditional and contemporary artists, many who conduct demonstrations at the Center.

 

 

FISCAL IMPLICATIONS

 

The appropriation of $150 thousand contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of Fiscal Year 2005 shall revert to the general fund.

 

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