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F I S C A L I M P A C T R E P O R T
SPONSOR King
ORIGINAL DATE
LAST UPDATED
1/30/06
HB 362
SHORT TITLE Santa Fe Farmers’ Market
SB
ANALYST Earp
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$150.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to Senate Bill 184 and House Bill 83
Duplicates Appropriation in the General Appropriation Act
Relates to Appropriation in the General Appropriation Act
SOURCES OF INFORMATION
LFC Files
Responses Received From
Higher Education Department (HED)
Department of Agriculture (DOA)
Department of Health(DOH)
SUMMARY
Synopsis of Bill
House Bill 362 appropriates $150,000 from the general fund to the Board of Regents of New
Mexico State University (NMSU) to support ongoing efforts by the New Mexico Department of
Agriculture (NMDA) to plan, establish programming for and continue to develop an adequate
revenue stream for the Santa Fe farmers’ market.
FISCAL IMPLICATIONS
The appropriation of $150,000 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.