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committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
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F I S C A L I M P A C T R E P O R T
SPONSOR SCORC
ORIGINAL DATE
LAST UPDATED
1/23/08
2/13/08 HB
SHORT TITLE Additional Local Liquor Counties
SB CS/164/aHTRC
ANALYST Francis
REVENUE (dollars in thousands)
Estimated Revenue
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
FY10
$249.0 Recurring
Local
Government
($249.0) Recurring General Fund
(Parenthesis ( ) Indicate Revenue Decreases)
SOURCES OF INFORMATION
LFC Files
Response Received From
NM Association of Counties
Department of Finance and Administration (DFA)
SUMMARY
Synopsis of HTRC Amendment
The House Taxation and Revenue Committee amended the Senate Corporations and
Transportation Committee substitute for Senate Bill 164 decreasing the monthly distribution to
$20,750. This amendment changes the fiscal impact to $249,000.
Synopsis of SCORC Substitute
The Senate Corporations and Transportation Committee substitute for Senate Bill 164 adds a
distribution of the liquor excise tax revenues to a Class A county with a population of 30,000 to
60,000 according to the most recent decennial census. The distribution is to be used for alcohol
treatment and rehabilitation services for street inebriates. The distribution is a monthly
distribution of $41.5 thousand.
The new distribution is effective for revenue earned on a modified accrual basis from July 1,
2009 forward.