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F I S C A L I M P A C T R E P O R T
SPONSOR Cisneros
ORIGINAL DATE
LAST UPDATED
1-18-2007
HB
SHORT TITLE Santa Fe International Folk A Market
SB 369
ANALYST Dearing
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$200.0 Nonrecurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates HB 17
SOURCES OF INFORMATION
LFC Files
Responses Received From
Cultural Affairs Department (CAD)
Attorney General’s Office (AGO)
Department of Finance and Administration (DFA)
SUMMARY
Synopsis of Bill
Senate Bill 369 appropriates $200 thousand from the general fund to department of Cultural Af-
fairs for expenditure in FY07 and FY08 for the purpose of planning and implementing the Santa
Fe International Folk Art Market.
FISCAL IMPLICATIONS
The appropriation of $200 thousand contained in this bill is a nonrecurring expense to the Gen-
eral Fund. Any unexpended or unencumbered balance remaining at the end of FY08 shall revert
to the General Fund.