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 Larranaga
ORIGINAL DATE
LAST UPDATED
1/23/2007
2/9/2007 HB 87/a HJC
SHORT TITLE Prohibit Under 21 Lottery Participation
SB
ANALYST Schuss
REVENUE (dollars in thousands)
Estimated Revenue
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
FY09
($3,400.0)
Recurring
New Mexico
Lottery
Authority
($1,100.0)
Recurring Lottery Tuition
Fund
(Parenthesis ( ) Indicate Revenue Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Gaming Control Board (GCB)
State Racing Commission (SRC)
Higher Education Department (NMHED)
New Mexico Lottery Authority (NMLA)
SUMMARY
Synopsis of Amendment
The amendment will allow individuals ages eighteen and over to become a lottery retailer; in
addition to selling or distributing lottery tickets. This amendment also removes the provision that
an individual under twenty one may not sell or possess a pari-mutuel ticket or certificate.
NMLA reiterates that individuals between the ages of 18 and 21 account for approximately 6.3%
of the NM adult population and just under 3% of lottery sales. Based on FY ’06 figures, this
would have resulted in $4.5 million less in lottery sales and $1.1 - $1.3 million less in the return
to the state for the Lottery Tuition Fund.