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F I S C A L I M P A C T R E P O R T
SPONSOR Gardner
ORIGINAL DATE
LAST UPDATED
2/21/07
HB 938
SHORT TITLE Earmarked Funds as Credit for Qwest Customers
SB
ANALYST Earnest
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
NFI
NFI
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Office of the Attorney General (OAG)
Public Education Department (PED)
SUMMARY
Synopsis of Bill
House Bill 938 would state the Legislature’s refusal to appropriate Qwest’s $5 million donation
to the Public Education Department for the Strong Project as provided in the settlement
agreement between Qwest and the state. By not appropriating the $5 million, it will be returned
to Qwest’s customers as credits.
FISCAL IMPLICATIONS
The Public Education Department would not have an additional $5 million for the STONG
project.
SIGNIFICANT ISSUES
The Alternative Form of Regulation (AFOR) settlement agreement, known as the Second
Amended Settlement Agreement (SASA), signed by Qwest, the NM Attorney General, General
Services Department, NM Internet Professionals Association and PRC Staff, was approved by