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

SPONSOR Komadina

ORIGINAL DATE

LAST UPDATED

2/20/2007

HB

SHORT TITLE Land Designation Of Coronado State Monument

SB SJM 33

ANALYST Moser

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

SUMMARY

Synopsis of HJM

Senate Joint Memorial 33 requests that the University of New Mexico be requested to refrain

from divesting itself of the twenty-six and fifty-seven hundredths acre portion of the El Ranchito

grant form any commercial uses and that the governor designate this portion of the El Ranchito

Grant as part of the Coronado State Monument and that the Museum of New Mexico (MONM)

be granted an interest in the ninety-seven and eight-tenths acres in order to protect the grant's

archaeological resources.

SIGNIFICANT ISSUES

HJM 64 addresses two major issues:

1)

the request that the MONM be granted the University of New Mexico (UNM) an

undivided half interest in the property (26 and ½ acres) in order to protect and preserve

its archaeological resources, and

2)

request that the university of New Mexico refrain from divesting itself of the El Ranchito

Grant property for any commercial uses and that the governor is requested to designate

this portion of the El Ranchito Grant as part of Coronado State Monument.

GM/nt