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	Tripp		DATE TYPED	2/10/04		HB	HJM 7/aHTC
SHORT TITLE		Designate US 60 as National Historic Highway				SB
					ANALYST		Valenzuela

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY04	FY05	FY04	FY05
	NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC files

SUMMARY

Synopsis of HTC amendment

The House Transportation Committee (HTC) amendment to House Joint Memorial 7 revises language in the original bill to focus the wording at conservation of U.S. Highway 60, rather than historical preservation. It seems the historic preservation language may have had the impact of restricting the NMDOT flexibility for highway improvements.

Synopsis of Original Bill

House Joint Memorial 7 requests the U.S. Congress to designate U.S. Highway 60 as a national historic highway. Futhermore, the joint memorial requests Congress to pass legislation and the President to enact, that would authorize the Secretary for the U.S. Department of Interior to develop grant programs for technical assistance and preservation of the highway.

FISCAL IMPLICATIONS

HJM 7 does not carry an appropriation.

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