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committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
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F I S C A L I M P A C T R E P O R T
SPONSOR Begaye
ORIGINAL DATE
LAST UPDATED
01/22/07
HB 101
SHORT TITLE
Tribal Infrastructure Legislative Oversight
SB
ANALYST Weber
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
None
None
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Indian Affairs Department (IAD)
Taxation and Revenue Department (TRD)
SUMMARY
Synopsis of Bill
House Bill 101 requires that the legislative interim Indian Affairs Committee shall be briefed by
the board on grant and loan proposals submitted to the board and shall review, [the list of
]
monitor and provide assistance and advice concerning
grants and loans [made
] proposed
by the
board.
This language instructs the board to not make loans and grants prior to informing the Indian
Affairs Committee.
FISCAL IMPLICATIONS
There are no fiscal implications.