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

Carraro

DATE TYPED

1/23/03

HB

 

 

SHORT TITLE

Legislative District Offices

SB

103

 

 

ANALYST

Fernandez

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY04

FY05

FY04

FY05

 

2,660.0

 

 

Recurring

General Fund

 

 

 

 

 

 

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

 

Relates to HB1

 

SOURCES OF INFORMATION

 

LFC Files

 

SUMMARY

 

     Synopsis of Bill

 

Senate Bill 103 appropriates $2,660.0 from the general fund to Legislative Council Service for the purpose of providing a district office and staff for each legislator in FY05.

 

     Significant Issues

 

Each member of the Senate will receive $30.0 in FY05 for a district office and staff.  Each member of the House of Representatives will receive $20.0 in FY05 for a district office and staff.

 

FISCAL IMPLICATIONS

 

The appropriation of $2,660.0 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.

 

ADMINISTRATIVE IMPLICATIONS

 

Legislative Council Service is required to develop policies, procedures and limitations as to the use of funds.  LCS will also be responsible for disbursing and tracking expenditures for 112 legislative offices.

 

RELATIONSHIP

 

Senate Bill 103 relates to HB1 which includes other expenses of the Legislature.

 

 

CTF/lg