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F I S C A L I M P A C T R E P O R T

SPONSOR Grubesic

ORIGINAL DATE

LAST UPDATED

1/29/07

HB

SHORT TITLE International Conference on Creative Tourism

SB 505

ANALYST Earnest

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

$100.0

Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

Duplicates SB 414, HB 18 and HB 533.

SOURCES OF INFORMATION

LFC Files

Responses Received From

Tourism Department

SUMMARY

Synopsis of Bill

Senate Bill 505 appropriates $100 thousand from the general fund to the Tourism Department for

planning for an international conference on creative tourism in Santa Fe.

FISCAL IMPLICATIONS

The appropriation of $100 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 2008 shall

revert to the general fund.

SIGNIFICANT ISSUES

As a member of the United Nations Educational, Scientific, and Cultural Organizations

(UNESCO) Creative Cities Network, the City of Santa Fe has proposed an international

conference on creative tourism to be held in Santa Fe in October 2007.

Senate Bill 505 – Page

2

PERFORMANCE IMPLICATIONS

According to the Tourism Department, the conference would assist the agency in improving

performance in the following measures:

•

New Mexico international and domestic tourism market share;

•

Number of visits to visitor information centers;

•

Percent increase in lodger's tax;

•

Percent change in tourists visiting New Mexico visitor information centers; and

•

Economic impact of tourism in the state of New Mexico.

ADMINISTRATIVE IMPLICATIONS

The Tourism Department finds they could administer this appropriation with existing resources.

CONFLICT, DUPLICATION, COMPANIONSHIP, RELATIONSHIP

Senate Bill 505 duplicates Senate Bill 414, House Bill 18 and House Bill 533.

OTHER SUBSTANTIVE ISSUES

New Mexico Tourism Department (NMTD) supports any legislation that promotes tourism and

that would increase international visitation to the state.

POSSIBLE QUESTIONS

Will the conference be held in Santa Fe regardless of the appropriation of state funds.

BE/nt