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.
Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).
Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and
attachments may be obtained from the LFC in Suite 101 of the State Capitol Building North.
F I S C A L I M P A C T R E P O R T
SPONSOR Chavez
ORIGINAL DATE
LAST UPDATED
1/28/06
HB
625
SHORT TITLE BERNALILLO WORKFORCE DEVELOPMENT SB
ANALYST Hadwiger
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$50.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
The following bills are duplicates: SB474, SB483, HB503, HB505, HB549, SB483, and HB625.
SOURCES OF INFORMATION
LFC Files
Responses Received From
Department of Labor (DOL)
SUMMARY
Synopsis of Bill
House Bill 625 appropriates $50 thousand from the general fund to the Local Government Divi-
sion of the Department of Finance and Administration in FY07 to provide a workforce develop-
ment program for young adults in Bernalillo County.
FISCAL IMPLICATIONS
The appropriation of $50 thousand contained in this bill is a recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of FY07 would revert to
the general fund.
SIGNIFICANT ISSUES
The Department of Labor (DOL) noted that the Workforce Investment Act administered through
the Office of Workforce Training and Development provides for similar activities for youth and
young adults.