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

Feldman

DATE TYPED

1/22/04

HB

 

 

SHORT TITLE

Develop NM Recycling Plan

SB

SJM 6

 

 

ANALYST

Wilson

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY04

FY05

FY04

FY05

 

 

Indeterminant

 

 

 

 

 

See Narrative

 

 

 

 

 

SOURCES OF INFORMATION

 

LFC Files

 

SUMMARY

 

Synopsis of Bill

 

Senate Joint Memorial 6 requests the Environment Department (ED), in cooperation with the Economic Development Department (EDD) and the New Mexico Recycling Coalition, to develop a written strategic plan for transforming the economics of recycling in New Mexico.

 

The bill requests ED to present the report to the appropriate interim legislative committee by

December 1, 2004.

 

Significant Issues

 

  • Solid waste disposal sites and illegal dumping might potentially harm ground water resources in New Mexico.

 

  • Maintaining and developing new landfills is costly and stressful for local communities.

 

  • Forest thinning projects, the current bark beetle epidemic and the removal of non-native trees along watercourses have created an immediate need to develop markets to encourage the production of value-added products from tree waste.

 

  • Few recycling and waste diversion options are available to communities in New Mexico.   The state's recycling rate is under 10% and the waste diversion rate is 25%.

 

  • The construction and demolition industry is responsible for 30% of the landfill waste in New Mexico.

 

  • Recycling and waste diversion options are limited by the lack of local markets and manufacturing enterprises that use waste commodities as feedstock.  Integrated waste management planning that emphasizes recycling and waste diversion will develop recycling markets, feedstock manufacturing enterprises and promote job growth.

 

  • New markets and business opportunities will provide waste diversion options to communities across the state and ultimately support the local tax base.

 

  • Increased recycling and waste diversion will reduce pollution and promote more efficient use of natural resources.

 

FISCAL IMPLICATIONS

 

SJM 6 will require ED and EDD to allocate some financial resources to produce the required report. The requested report falls within the mission of these agencies and the fiscal implications are not significant.

 

ADMINISTRATIVE IMPLICATIONS

 

SJM 6 will require ED and EDD to allocate some staff resources to produce the required report. The requested report falls within the mission of these agencies and the administrative implications are not significant.

 

DW/lg