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

SPONSOR Sharer

ORIGINAL DATE

LAST UPDATED

2/21/07

HB

SHORT TITLE

Tribal Economic and Community Development

SB 1145

ANALYST Weber

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

$150.0

Recurring

General

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

Indian Affairs Department (IAD)

No Response Received From

Economic Development Department (EDD)

SUMMARY

Synopsis of Bill

Senate Bill 1145 appropriates $150 thousand from the general fund to the Indian Affairs

Department to deliver technical assistance and to foster partnerships between tribal communities,

state agencies and private foundations to build capacity for economic and community

development in New Mexico.

FISCAL IMPLICATIONS

The appropriation of $150 thousand contained in this bill is an expense to the general fund. Any

unexpended or unencumbered balance remaining at the end of Fiscal Year 2008 shall revert to

the general fund.

Senate Bill 1145 – Page

2

SIGNIFICANT ISSUES

IAD comments that a possible use of the appropriation could be used to support an initiative led

by the New Mexico Economic Development Department (“NMEDD") and the American Indian

Chamber of Commerce of New Mexico (“AICCNM"), and participating tribal governments and

communities. Together, these entities are working to implement a number of economic

development projects in tribal communities pursuant to the tribal consultation pilot plan as

submitted to Governor Bill Richardson by the NMEDD. Specifically, the funding would support

AICCNM and NMEDD’s Native American economic development activities. Their initiative,

“To Facilitate the Creation, Retention and Expansion of Jobs, Increase Investment through

Public/Private Partnerships and to Establish a Stable Diversified Economy to Improve the

Quality of Life for New Mexico Citizens," proposes to assist tribal communities in accessing

economic development programs and services.

Additionally, the proposed initiative includes a tribal economic development summit and, among

others issues, a comprehensive assessment of tribal infrastructure and economic development

needs of the twenty-two Indian Tribes, Nations and Pueblos in New Mexico.

New Mexico tribal governments and communities have business sectors that include agriculture,

recreation, electric power production, and natural resource development enterprises that serve as

the source of goods and services for both reservation and non-reservation consumers.

Additionally, reservation-based enterprises were the source of 7,026 jobs in 1998, and created

$219.3 million in direct and secondary wage and salary income. In addition, reservation-based

enterprises in New Mexico created a total of $40.4 million in State tax revenue in 1998.

MW/csd