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 Stewart

ORIGINAL DATE

LAST UPDATED

1/31/2006

HB HJR5

SHORT TITLE Annual 60-Day Legislative Session, CA

SB

ANALYST McOlash

ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT (dollars in thousands)

FY06 FY07 FY08 3 Year

Total Cost

Recurring or

Non-Rec

Fund

Affected

Total

$2,400.0

Recurring General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

Secretary of State (SOS)

Attorney General (AG)

SUMMARY

Synopsis of Bill

House Joint Resolution 5 proposes to amend Article 4, Section 5 of the Constitution of New

Mexico to provide for annual, regular sixty-day legislative sessions.

The Constitutional amendment proposed shall be submitted to the people for their approval or

rejection at the next General Election or at any Special Election prior to that date that may be

called for that purpose.

FISCAL IMPLICATIONS

House Bill 1 (FY 2006) appropriates $4.3 million for the legislative session. House Bill 1 (FY

2005) appropriated $7.1 million for the last sixty-day session. The difference ($2.4 million) pro-

vides a minimal estimate of the cost of adding thirty days to the even-numbered year thirty-day

sessions. The difference is also a semi-annual cost to the General Fund.

There may be additional costs related to the interim sessions since committee meetings and other

activities may change in relation to the length of the sessions.

BMC/yr