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F I S C A L I M P A C T R E P O R T
SPONSOR Altamirano
DATE TYPED 1/27/05
HB
SHORT TITLE Manufacturing Extension Services
SB 78
ANALYST Rosen
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
$500.0
Indeterminate Recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates HB57
SOURCES OF INFORMATION
LFC Files
Responses Received From
Economic Development Department (EDD)
SUMMARY
Synopsis of Bill
Senate Bill 78 appropriates $500.0 from the general fund to EDD for expenditure in FY05 and
FY06 to contract for manufacturing extension services. Senate Bill 78 contains an emergency
clause.
Significant Issues
The appropriation in this bill is contingent upon the receipt of money from the National Institute
of Standards & Technology (NIST) to operate a manufacturing center, approved by NIST, in
New Mexico.