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.
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F I S C A L I M P A C T R E P O R T
SPONSOR Martinez
DATE TYPED 10/06/05 HB 1/aHAFC
SHORT TITLE Feed Bill
SB
ANALYST Fernandez
APPROPRIATION
Appropriation Contained Estimated Additional Impact Recurring
or Non-Rec
Fund
Affected
FY05
FY06
FY05
FY06
1,108.3
Nonrecurring Cash Balance
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
SUMMARY
Synopsis of HAFC Amendment
The House Appropriations and Finance Committee amendment increases the appropriation for
impeachment proceedings by $150.0 and broadens the scope of “necessary expenditures” to in-
clude a review and oversight of the State Treasurer’s investment policies and the protection of
public funds.
Synopsis of Original Bill
House Bill 1 appropriates $958.3 from the Legislative Council Service cash balances to various
legislative offices for the purpose of funding expenses of the first special session of the forty-
seventh legislature including funding for expenses related to impeachment proceedings. This bill
carries an emergency clause.
FISCAL IMPLICATIONS
The appropriation of $1,108.3 contained in this bill is a nonrecurring expense in FY06.
Category
FY06
Nonrecurring
Cash
House of Representatives
237.3