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F I S C A L I M P A C T R E P O R T
SPONSOR Rodriguez
DATE TYPED 02/10/05 HB
SHORT TITLE Preservation of Chimayo Chile Strain
SB 408
ANALYST Ford
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
$100.0
Recurring General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates HB 448
SOURCES OF INFORMATION
LFC Files
Responses Received From
Economic Development Department (EDD)
Department of Agriculture
New Mexico Organic Commodity Commission (NMOCC)
SUMMARY
Synopsis of Bill
Senate Bill 408 appropriates $100 thousand from the general fund to the Economic Development
Department (EDD) for the purpose of contracting with a nonprofit cultural asset community de-
velopment organization administratively based in Santa Fe county, that will work with a Chi-
mayo-based coalition to develop an economic development plan and to begin implementation to
preserve, conserve, heirloom and seed bank the Chimayo chile strain.
The EDD shall report the benefits and results of this appropriation to the second session of the
47
th
legislature.
FISCAL IMPLICATIONS
The appropriation of $100 thousand contained in this bill is a recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2006 shall
revert to the general fund.