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	Leavall		DATE TYPED	1/24/04		HB
SHORT TITLE		Workers’ Comp Ombudsman Employment				SB	30
					ANALYST		Collard

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY04	FY05	FY04	FY05
	$4.4			Recurring	Workers’ Compensation Administration Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

SUMMARY

Synopsis of Bill

Senate Bill 30 appropriates $4.4 thousand from the Workers’ Compensation Administration Fund to the Workers’ Compensation Administration for the purpose of increasing the director’s salary. Additionally, the bill decreases the amount of time a former ombudsman must wait to hold another job in an administration from five years to one year.

FISCAL IMPLICATIONS

The bill changes the Workers’ Compensation Administration director salary from 95 percent of district court judges to 95 percent of court of appeals judges. The appropriation of $4.4 thousand contained in this bill is a recurring expense to the Workers’ Compensation Administration Fund. Any unexpended or unencumbered balance remaining at the end of 2005 shall revert to the Workers’ Compensation Administration Fund.

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