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committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
if they are used for other purposes.
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F I S C A L I M P A C T R E P O R T
SPONSOR Sandoval
DATE TYPED 1/26/05
HB 407
SHORT TITLE TANF Needy Families Funding
SB
ANALYST Weber
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
$25.000.0
Recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates SB 149
Duplicates Appropriation in the General Appropriation Act
SOURCES OF INFORMATION
LFC Files
Responses Received From
Human Services Department
SUMMARY
Synopsis of Bill
House Bill 407 appropriates $25 million from the GENERAL FUND to The Human Services
Department for the purpose of maintaining the temporary assistance for needy families program
at the current level.
Significant Issues
Due to apparent depletion of non-recurring TANF carry forward funds from prior years,
potentially approximately $25 million of programs previously funded through TANF may not
have a funding source in FY06. Recommendations by both LFC and DFA for the general
appropriation act included funding at various levels for these programs making the $25 million
total larger than necessary to fund all programs at the current level.