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committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
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F I S C A L I M P A C T R E P O R T
SPONSOR Varela
DATE TYPED 2-26-05
HB 843
SHORT TITLE Health Security Act LFC Financing Options
SB
ANALYST Collard
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
$500.0
Non-Recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Companion to HB 746 and SB 636
SOURCES OF INFORMATION
LFC Files
Responses Received From
Department of Health (DOH)
Public Education Department (PED)
SUMMARY
Synopsis of Bill
House Bill 843 appropriates $500 thousand from the general fund to LFC for the purpose of de-
termining the financing options of the Health Security Act. This bill is contingent upon the pas-
sage of House Bill 746 or Senate Bill 636 in the 47
th
Legislature, first session.
FISCAL IMPLICATIONS
The appropriation of $500 thousand contained in this bill is a non-recurring expense to the gen-
eral fund. Any unexpended or unencumbered balance remaining at the end of FY06 shall revert
to the general fund.
COMPANIONSHIP
House Bill 843 is companion to House Bill 746 and its duplicate Senate Bill 636, enacting the
Health Security Act.