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F I S C A L I M P A C T R E P O R T
SPONSOR HHGAC
ORIGINAL DATE
LAST UPDATED
1/30/2008
2/1/2008 HB CS/226/aHAFC
SHORT TITLE
Creating the African American Performing Arts
Authority
SB
ANALYST Leger
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to HB6, HB103, HB107
SOURCES OF INFORMATION
LFC Files
Responses Received From
New Mexico State Fair Commission (SFC)
New Mexico Department of Tourism
Attorney Generals Office (AGO)
SUMMARY
Synopsis of HAFC Amendment
House Health and Government Affairs Committee Substitute for House Bill 226 as amended by
HAFC strikes the words “making an appropriation" on page 1, line 13 and strikes section 8 in its
entirety.
Synopsis of Bill Original Bill
House Health and Government Affairs Committee Substitute for House Bill 226 appropriate
$450 thousand from the general fund to the African-American Performing Arts Center Fund for
the purpose of carrying out the provisions of the African-American Performing Arts Center
Authority Act (the act).
FISCAL IMPLICATIONS
The appropriation of $450 thousand contained in this bill is a non-recurring expense to the
general fund. Any unexpended or unencumbered balance shall not revert to the general fund.