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F I S C A L I M P A C T R E P O R T
SPONSOR Martinez, R
ORIGINAL DATE
LAST UPDATED
1/24/08
HB
SHORT TITLE Amend Uniform Real Property Recording Act
SB 209
ANALYST Ortiz
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
NFI
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Commission of Public Records (CPR)
Department of Information Technology (DOIT)
No Responses Received From
Association of Counties
SUMMARY
Synopsis of Bill
Senate Bill 209
amends Section 14-9A-5 NMSA 1978 of the Uniform Real Property Electronic
Recording Act correcting a citation referencing 14-9A-3.
SIGNIFICANT ISSUES
The Commission of Public Records explains that the amendment corrects a compilation error.
ADMINISTRATIVE IMPLICATIONS
The bill allows the Secretary of State to adopt and promulgate rules under the Act pursuant to the
correct statutory citation.