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F I S C A L I M P A C T R E P O R T

SPONSOR Saavedra

DATE TYPED 3/4/05

HB 58/aHAFC

SHORT TITLE New Mexico Sports Authority Act

SB

ANALYST Rosen

APPROPRIATION

Appropriation Contained Estimated Additional Impact Recurring

or Non-Rec

Fund

Affected

FY05

FY06

FY05

FY06

NFI

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

Relates to Appropriation in the General Appropriation Act

SOURCES OF INFORMATION

Responses Received From

Tourism Department

Office of the Governor

SUMMARY

Synopsis of HAFC Amendment

House Appropriations and Finance Committee amendment to House Bill 58 removes the appro-

priation.

Synopsis of Original Bill

House Bill 58 creates the New Mexico Sports Authority, provides for 25 members of the public

appointed by the governor and 6 ex-officio voting members, limits the term of appointments to

four years, creates one co-chairperson from the public and one co-chairperson from the ex-

officio membership, attaches the Sports Authority administratively to the Tourism Department,

identifies its duties, and appropriates $400.0 from the general fund to the Sports Authority for its

operating expenses in FY06.

House Bill 58/aHAFC -- Page 2

Significant Issues

The FY06 executive budget recommendation for Tourism Department included $400.0 for the

same purpose.

The Tourism Department indicates the Sports Authority may be in a position to generate and re-

ceive revenue from sponsorships or other activities. If so, Tourism Department indicates the

Sports Authority may need authorization to create and manage an enterprise fund.

PERFORMANCE IMPLICATIONS

The Office of the Governor indicates the Sports Authority will develop a strategic plan for re-

cruiting and retaining all forms of professional and amateur sporting events, identify existing and

future infrastructures and locations, and foster relationships between event organizers, sponsors,

and state and local government agencies.

FISCAL IMPLICATIONS

The appropriation of $400.0 contained in this bill is a recurring expense to the general fund. Any

unexpended or unencumbered balance remaining at the end of FY06 shall revert to the general

fund.

ADMINISTRATIVE IMPLICATIONS

The Sports Authority will be administratively attached to the Tourism Department. Six ex-

officio voting members are to be appointed and will be the Superintendent of Regulation and Li-

censing, the Secretary of Economic Development, the Secretary of Tourism, the Secretary of

Taxation and Revenue, the Chief Counsel to the Governor, and the Governor’s Deputy Chief of

Staff for legislative affairs.

WHAT WILL BE THE CONSEQUENCES OF NOT ENACTING THIS BILL.

The Governor’s Office indicates there will be less economic development and less improvement

in the quality of life for New Mexico citizens.

JR/lg:yr