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

SPONSOR Begaye

DATE TYPED 2/24/2005 HB HJM 54

SHORT TITLE Navajo Nation Water Settlement San Juan Basin

SB

ANALYST Aguilar

APPROPRIATION

Appropriation Contained Estimated Additional Impact Recurring

or Non-Rec

Fund

Affected

FY05

FY06

FY05

FY06

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

Relates to HJM 53

SOURCES OF INFORMATION

LFC Files

SUMMARY

Synopsis of Bill

House Joint Memorial 54 expresses the Legislature’s support for the Navajo Nation Water

Rights Settlement Agreement and requests the New Mexico congressional delegation introduce

legislation necessary to approve and fully fund the federal portion of the agreement.

The joint memorial further request copies be transmitted to a number of interested parties.

PA/yr