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F I S C A L I M P A C T R E P O R T
SPONSOR Lujan, B.
ORIGINAL DATE
LAST UPDATED
1/24/08
HB 294
SHORT TITLE Culturally Diverse New Mexico Film Crews
SB
ANALYST Earnest
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$150.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Economic Development Department (EDD)
Higher Education Department (HED)
SUMMARY
Synopsis of Bill
House Bill 294 appropriates $150 thousand from the general fund to the Economic Development
Department to establish training and mentorship programs for culturally diverse New Mexico
filmmakers and crew members in writing, production, directing and technical affairs.
FISCAL IMPLICATIONS
The appropriation of $150 thousand contained in this bill is a recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2009 shall
revert to the general fund.
SIGNIFICANT ISSUES
EDD indicates that at least 100 New Mexico Hispanic/Latino and Native American participants
will be engaged in these programs, including internships and paid positions. Fellows will also be
chosen from the New Mexico higher education institutes partnering on this project. Dozens of
New Mexico vendors and service providers will also benefit economically from the presence of
these programs. This opportunity is also in alignment with a plan to create and expand upon