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
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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
03/06/07
03/07/07 HB HM 62/aHBIC
SHORT TITLE Establish Legal Notice Web Site
SB
ANALYST Hanika Ortiz
ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT (dollars in thousands)
FY07
FY08
FY09 3 Year
Total Cost
Recurring
or Non-Rec
Fund
Affected
Total
$0.1 see
narrative
Recurring Various
Funds
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
SUMMARY
Synopsis of HBIC Amendment
The House Business & Industry Committee amendment removes language in the title that
encourages the replacement of newspaper publications with electronic publications; and, clarifies
that the web site will link state, county, municipal and other previously published legal notices
and advertisements. The memorial further invites the participation of the New Mexico Press
Association to the work group.
Synopsis of Original Bill
House Memorial 62 encourages the establishment of a state-authorized web site for publication of
legal notices and legal advertisements as an alternative to newspaper publication of such notices and
advertisements.
The memorial provides the following comments:
•
Legal notices are published in a wide range of publications for various jurisdictions
throughout the state.
•
Legal notices are published by state agencies, counties, municipalities, villages and other
entities.
•
Almost all New Mexicans now have access to the internet through local libraries and schools,
if not in their homes.
•
A central on-line repository or web site of legal notices and legal advertisements would be
readily accessible to people throughout the state.
•
A state-sponsored web site could be made available without charge.