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 McCoy
ORIGINAL DATE
LAST UPDATED
2/7/2007
HB 495
SHORT TITLE Soil & Water Conservation Districts
SB
ANALYST McOlash
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$550.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates SB 12
Relates to HB 62
SOURCES OF INFORMATION
LFC Files
Responses Received From
New Mexico State University – Department of Agriculture (NMSU-DA)
Environment, Mineral, & Natural Resources Department (EMNRD)
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 495 appropriates $550,000 from the General fund to the Board of Regents of NMSU
for expenditure in FY 2008 for operating expenses of the Soil and Water Conservation Commis-
sion (SWCC) and for management of Soil and Water Conservation Districts (SWCD). and opera-
tion of district programs and projects.
FISCAL IMPLICATIONS
The appropriation of $550,000 contained in this bill is a recurring expense to the General Fund. .
Any unexpended or unencumbered balance remaining at the end of FY 2008 shall revert to the
General Fund.