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	Garcia		DATE TYPED	2-7-04		HB
SHORT TITLE		Increase Number of LESC Members				SB	429
					ANALYST		Segura

APPROPRIATION

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

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Response Received From

New Mexico Public Education Department (PED)

SUMMARY

Synopsis of Bill

Senate Bill 429 would increase the membership of the Legislative Education Study Committee (LESC) by adding one senator. The composition of the LESC with the enactment of this bill would be five senators and six representatives for a total of 11 members.

FISCAL IMPLICATIONS

Senate Bill 429 does not contain an appropriation. If the bill is enacted the cost for the additional member would be allowable per diem for meetings.

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