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F I S C A L I M P A C T R E P O R T
SPONSOR Robinson
ORIGINAL DATE
LAST UPDATED
2/27/07
HB
SHORT TITLE Promote NM Film and Media Enterprises
SB 379
ANALYST Earnest
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$50.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to Senate Bill 758 and recurring appropriations in the General Appropriation Act for the
NM Film Office (NMFO) at the Economic Development Department
SOURCES OF INFORMATION
LFC Files
Responses Received From
Economic Development Department (EDD)
SUMMARY
Synopsis of Bill
Senate Bill 379 appropriates $50 thousand from the general fund to the Economic Development
Department (EDD) to promote film and media enterprises in New Mexico, including film and
exhibitions and festivals.
FISCAL IMPLICATIONS
The appropriation of $50 thousand contained in this bill is a recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of fiscal year shall revert
to the general fund.