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.
Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).
Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and
attachments may be obtained from the LFC in Suite 101 of the State Capitol Building North.
F I S C A L I M P A C T R E P O R T
SPONSOR Trujillo
ORIGINAL DATE
LAST UPDATED
2-1-07
HB 150/HCPACS
SHORT TITLE Georigia O‘Keeffe Museum Tenth Anniversary
SB
ANALYST Dearing
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$250.0 Nonrecurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Substitutes HB150
SOURCES OF INFORMATION
LFC Files
Responses Received From
Department of Finance and Administration (DFA)
Cultural Affairs Department (CAD)
Attorney General’s Office (AGO)
SUMMARY
Synopsis of Bill
The House Consumer and Public Affairs Committee Substitute for House Bill 150 appropriates
$250 thousand from the general fund to department of Tourism for the purpose of celebrating the
year-long, tenth anniversary of the Georgia O’Keeffe Museum in Santa Fe.
FISCAL IMPLICATIONS
The appropriation of $250 thousand contained in this House Bill 150 is a nonrecurring expense
to the General Fund. Any unexpended or unencumbered balance remaining at the end of FY08
shall revert to the General Fund.