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F I S C A L I M P A C T R E P O R T
SPONSOR Griego
ORIGINAL DATE
LAST UPDATED
1/23/08
HB
SHORT TITLE Military Artifacts to a Military Museum
SB 367
ANALYST Propst
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$62.5
$62.5
Non-recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Department of Finance and Administration (DFA)
SUMMARY
Synopsis of Bill
Senate Bill 367, Making an Appropriation for Expenses to Receiving a Donation of a Private
Collection of Military Artifacts to a Military Museum of History at the Army National Guard
Facility in Rio Rancho, appropriates $150.0 thousand from the general fund to DFA for the
purpose of inventorying and appraisal and relocation of a private collection of military artifacts
to the Army National Guard facility in Rio Rancho.
FISCAL IMPLICATIONS
The appropriation of $150.0 thousand contained in this bill is a non-recurring expense to the
general fund. Any unexpended or unencumbered balance remaining at the end of FY09 shall
revert to the general fund.
SIGNIFICANT ISSUES
DFA notes that the City of Rio Rancho and the New Mexico Museum of Military History has
recently entered into a memorandum of understanding. A memorandum of understanding grants
access to a $585.0 thousand (07-L-G-3476 for 300.0 and 07-L-G-5475 for 285.0) legislative
appropriation in 2007 to plan, design, construct and equip the facility. The RFP process will
commence in two weeks and the project is moving forward.