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

SPONSOR Foley

ORIGINAL DATE

LAST UPDATED

2-10-06

HB 866

SHORT TITLE Fort Stanton Development Commission

SB

ANALYST Segura

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY06

FY07

$125.0 Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

Energy, Minerals and Natural Resources Department (EMNRD)

No response from Cultural Affairs Department (DCA)

SUMMARY

House Bill 866 appropriates general fund to the DCA for the Fort Stanton development commis-

sion.

FISCAL IMPLICATIONS

House Bill 866 appropriates $125.0 from the general fund and is recurring. Any unexpended or

unencumbered balance remaining at the end of fiscal year 2007 shall revert to the general fund.

ADMINISTRATIVE IMPLICATIONS

If enacted, the DCA would administer the funds and distribute based on proper procurement pro-

cedures.

TECHNICAL ISSUES

House Bill 866 does not specify what the appropriation will be used for.

RS/yr