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F I S C A L I M P A C T R E P O R T
SPONSOR Leavell
DATE TYPED 3/2/05
HB
SHORT TITLE Expand New Mexico Lottery Games
SB 973
ANALYST Medina
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
NFI
(Parenthesis ( ) Indicate Expenditure Decreases)
REVENUE
Estimated Revenue
Subsequent
Years Impact
Recurring
or Non-Rec
Fund
Affected
FY05
FY06
Minimal
Same Recurring
Lottery Tuition
Fund
(Parenthesis ( ) Indicate Revenue Decreases)
Relates to the New Mexico Lottery Act
SOURCES OF INFORMATION
LFC Files
New Mexico Lottery Authority
Response Not Received From
Taxation and Revenue Department
SUMMARY
Synopsis of Bill
Senate Bill 973 amends Section 6-24-4 NMSA 1978, which relates to the definitions used in the
New Mexico Lottery Act, to redefine instant win lottery games to include games that do not re-
quire rubbing or scraping an area of the lottery ticket.