Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance
committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
if they are used for other purposes.
Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).
Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and
attachments may be obtained from the LFC in Suite 101 of the State Capitol Building North.
F I S C A L I M P A C T R E P O R T
SPONSOR Martinez
DATE TYPED 3/7/05
HB
SHORT TITLE County Health Mill Levy Election Conditions
SB 375
ANALYST Hadwiger
APPROPRIATION
(in $000s)
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
NFI
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Office of the Attorney General (AG)
Secretary of State (SOS)
Taxation and Revenue Department (TRD)
Department of Finance and Administration (DFA)
SUMMARY
Synopsis of Bill
Where current statute prohibits holding a mill levy election to fund indigent health care within
one year of a county hospital funding mill levy election, Senate Bill 375 would allow elections
on mill levies for the purpose of the indigent health care funding and elections on funding for
county hospitals to be held within the same year, although not on the same ballot.
Significant Issues
DFA provided the following background for this bill:
Rio Arriba County currently imposes a "Special Hospital Levy" (Voter approval required
every 8 years) of 4.25 mills on each $1,000 of net taxable value. The mill levy is limited by
the yield control formula and is estimated to produce approximately $4.8 million in TY04.
Rio Arriba County also has authority under Section 4-38-17.1 NMSA 1978 to impose a
"Health Purpose Levy" (Voter approval required every 8 years) of 1.50 mills on each