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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
2/06/07
2/24/07 HB
SHORT TITLE Allow NM State Fair to Conduct Raffles
SB 782/aSPAC
ANALYST Leger
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
NFI
(Parenthesis ( ) Indicate Expenditure Decreases)
REVENUE (dollars in thousands)
Estimated Revenue
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
FY09
$0.1
$0.1 Recurring State Fair Fund
(Parenthesis ( ) Indicate Revenue Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
New Mexico State Fair Commission/Expo NM
New Mexico Gaming Control Board (GCB)
New Mexico Regulation & Licensing Department (RLD)
SUMMARY
Synopsis of SPAC Amendment
On page 10, line 18, strike the colon and on line 19, strike the paragraph designation “(1)".
On page 10, line 20, after “authority" strike the remainder of the line, strike lines 21 and 22 in
their entirety and strike line 23 through “organization".