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F I S C A L I M P A C T R E P O R T
SPONSOR Silva
ORIGINAL DATE
LAST UPDATED
1/29/06
HB 318
SHORT TITLE Improve NM Wines & Assist Winemakers
SB
ANALYST Hoffmann
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$170.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
New Mexico Department of Agriculture (NMDA)
Economic Development Department (EDD)
New Mexico Higher Education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 318 appropriates $170,020 from the general fund for expenditure in FY06 and FY07
to the Board of Regents of New Mexico State University for expenditure by the New Mexico
Department of Agriculture to provide assistance to New Mexico winemakers to improve or re-
fine New Mexico wines and to increase public awareness of New Mexico wines.
FISCAL IMPLICATIONS
The appropriation of $170,020 contained in this bill is a recurring expense to the general fund.
Any unexpended or unencumbered balance remaining at the end of fiscal year 2007 shall revert
to the general fund.
SIGNIFICANT ISSUES
This bill declares an emergency making the funds available in fiscal year 2006. The appropria-
tion extends through the end of fiscal year 2007.