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F I S C A L I M P A C T R E P O R T
SPONSOR Robinson
ORIGINAL DATE
LAST UPDATED
2/05/06
HB
SHORT TITLE National and International Sporting Events
SB 438
ANALYST Earnest
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$250.0 Non-recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Tourism Department (TD)
Regulation and Licensing Department (RLD)
Response Not Received From
Sports Authority (SA)
SUMMARY
Synopsis of Bill
Senate Bill 438 appropriates $250 thousand from the general fund to the NM Sports Authority to
host and promote national and international sporting events in New Mexico.
FISCAL IMPLICATIONS
The appropriation of $250 thousand contained in this bill is a non-recurring expense to the gen-
eral fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2007
shall revert to the general fund.