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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 Sanchez, M.
ORIGINAL DATE
LAST UPDATED
1/31/07
3/6/07 HB
SHORT TITLE Creating the Hispanic Affairs Department
SB 551/aSFC
ANALYST Propst
ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT (dollars in thousands)
FY07
FY08
FY09 3 Year
Total Cost
Recurring
or Non-Rec
Fund
Affected
Total
$700.0 $700.0 $1,400.0 Recurring General
Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Public Education Department (PED)
SUMMARY
Synopsis of SFC Amendment
The amendment strikes the appropriation contained in the original bill.
Synopsis of Original Bill
Senate Bill 551 creates the Hispanic Affairs Department Act, which establishes a Department of
Hispanic Affairs and the Hispanic Affairs Commission. $700.0 will be appropriated from the
General Fund for this Department to the Department of Finance and Administration to pay
expenses of establishing the Hispanic Affairs Department.
FISCAL IMPLICATIONS
The appropriation of $700.0 contained in this bill is a recurring expense to the General Fund.
Any unexpended or unencumbered balance remaining at the end of FY08 shall revert to the
General Fund.