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

SPONSOR Griego

DATE TYPED 2/22/05

HB

SHORT TITLE Resumption of Relations with Cuba

SJM 65

ANALYST Peery

APPROPRIATION

Appropriation Contained Estimated Additional Impact Recurring

or Non-Rec

Fund

Affected

FY05

FY06

FY05

FY06

NA

NA

NA

NA

NA

NA

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Response Received From

Economic Development Department (EDD)

No Responses

Department of Military Affairs (DMA)

Department of Public Safety (DPS)

SUMMARY

Synopsis of Bill

Senate Joint Memorial 65 urges the United States congress to end the economic embargo against

Cuba, normalize diplomatic relations, and repeal the travel restrictions. The Joint Memorial also

urges the president to use actual evidence and not political factors to review the placement of

Cuba on the list of terrorist countries. The Joint Memorial is to be transmitted to each member

of the New Mexico Congressional delegation.

OTHER SUBSTANTIVE ISSUES

EDD states the Joint Memorial reports the governor of New Mexico has stated his desire to ex-

pand international trade and the democratic party of New Mexico has adopted a similar resolu-

tion.

RLP/yr